Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 33.13%
March 31, 2024 32.80%
December 31, 2023 32.16%
September 30, 2023 31.38%
June 30, 2023 32.22%
March 31, 2023 32.37%
December 31, 2022 31.56%
September 30, 2022 31.48%
June 30, 2022 32.34%
March 31, 2022 32.03%
December 31, 2021 31.76%
September 30, 2021 31.30%
June 30, 2021 31.71%
March 31, 2021 31.15%
December 31, 2020 30.17%
September 30, 2020 29.92%
March 31, 2020 30.86%
December 31, 2019 30.91%
September 30, 2019 30.37%
June 30, 2019 31.00%
March 31, 2019 30.70%
December 31, 2018 30.75%
September 30, 2018 29.94%
June 30, 2018 30.77%
March 31, 2018 30.26%
Date Value
December 31, 2017 29.82%
September 30, 2017 29.02%
June 30, 2017 29.22%
March 31, 2017 29.45%
December 31, 2016 28.81%
September 30, 2016 27.91%
June 30, 2016 28.24%
March 31, 2016 28.77%
December 31, 2015 27.92%
September 30, 2015 27.05%
June 30, 2015 27.67%
March 31, 2015 28.14%
December 31, 2014 27.63%
September 30, 2014 26.27%
June 30, 2014 19.75%
March 31, 2014 24.51%
December 31, 2013 23.91%
September 30, 2013 23.15%
June 30, 2013 23.64%
March 31, 2013 23.99%
December 31, 2012 23.23%
September 30, 2012 23.29%
June 30, 2012 23.63%
March 31, 2012 23.83%
December 31, 2011 23.18%

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

29.92%
Minimum
Sep 2020
33.13%
Maximum
Jun 2024
31.62%
Average
31.63%
Median

Gross Profit Margin (Quarterly) Benchmarks