Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 24.03%
June 30, 2024 25.27%
March 31, 2024 23.13%
December 31, 2023 19.23%
September 30, 2023 21.99%
June 30, 2023 21.50%
March 31, 2023 19.12%
December 31, 2022 16.43%
September 30, 2022 22.35%
June 30, 2022 26.63%
March 31, 2022 28.23%
December 31, 2021 24.07%
September 30, 2021 21.59%
June 30, 2021 23.55%
March 31, 2021 24.17%
December 31, 2020 25.20%
September 30, 2020 26.75%
June 30, 2020 24.49%
March 31, 2020 24.04%
December 31, 2019 21.72%
September 30, 2019 23.11%
June 30, 2019 23.63%
March 31, 2019 22.39%
December 31, 2018 19.24%
September 30, 2018 20.84%
Date Value
June 30, 2018 21.98%
March 31, 2018 21.63%
December 31, 2017 21.35%
September 30, 2017 21.85%
June 30, 2017 23.94%
March 31, 2017 24.89%
December 31, 2016 24.33%
September 30, 2016 25.60%
June 30, 2016 26.52%
March 31, 2016 25.65%
December 31, 2015 21.97%
September 30, 2015 21.47%
June 30, 2015 22.66%
March 31, 2015 21.14%
December 31, 2014 19.78%
September 30, 2014 21.23%
June 30, 2014 22.38%
March 31, 2014 22.15%
December 31, 2013 21.32%
September 30, 2013 22.37%
June 30, 2013 21.39%
March 31, 2013 18.84%
December 31, 2012 17.91%
September 30, 2012 18.36%
June 30, 2012 18.49%

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

16.43%
Minimum
Dec 2022
28.23%
Maximum
Mar 2022
23.17%
Average
23.79%
Median

Gross Profit Margin (Quarterly) Benchmarks