Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 37.33%
June 30, 2024 37.91%
March 31, 2024 38.65%
December 31, 2023 36.64%
September 30, 2023 37.37%
June 30, 2023 35.86%
March 31, 2023 34.68%
December 31, 2022 32.23%
September 30, 2022 32.66%
June 30, 2022 30.38%
March 31, 2022 30.81%
December 31, 2021 31.06%
September 30, 2021 32.32%
June 30, 2021 35.48%
March 31, 2021 36.34%
December 31, 2020 36.81%
September 30, 2020 38.18%
June 30, 2020 34.05%
March 31, 2020 35.36%
December 31, 2019 34.79%
September 30, 2019 32.31%
June 30, 2019 36.51%
March 31, 2019 35.87%
December 31, 2018 35.39%
September 30, 2018 36.52%
Date Value
June 30, 2018 36.46%
March 31, 2018 35.58%
December 31, 2017 35.06%
September 30, 2017 35.12%
June 30, 2017 35.71%
March 31, 2017 36.37%
December 31, 2016 36.51%
September 30, 2016 37.23%
June 30, 2016 38.20%
March 31, 2016 38.18%
December 31, 2015 37.91%
September 30, 2015 37.70%
June 30, 2015 38.44%
March 31, 2015 36.58%
December 31, 2014 35.86%
September 30, 2014 35.35%
June 30, 2014 35.66%
March 31, 2014 35.84%
December 31, 2013 35.36%
September 30, 2013 35.85%
June 30, 2013 36.42%
March 31, 2013 35.53%
December 31, 2012 34.22%
September 30, 2012 32.68%
June 30, 2012 34.30%

Gross Profit Margin Definition

Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

30.38%
Minimum
Jun 2022
38.65%
Maximum
Mar 2024
34.94%
Average
35.42%
Median

Gross Profit Margin (Quarterly) Benchmarks