Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 29.90%
March 31, 2024 29.90%
December 31, 2023 30.89%
September 30, 2023 28.82%
June 30, 2023 35.15%
March 31, 2023 34.69%
December 31, 2022 31.81%
September 30, 2022 31.05%
June 30, 2022 32.74%
March 31, 2022 35.80%
December 31, 2021 36.74%
September 30, 2021 36.34%
June 30, 2021 36.28%
March 31, 2021 37.37%
December 31, 2020 35.66%
September 30, 2020 39.80%
June 30, 2020 39.35%
March 31, 2020 38.28%
December 31, 2019 39.58%
September 30, 2019 29.60%
June 30, 2019 40.91%
March 31, 2019 39.71%
December 31, 2018 36.35%
September 30, 2018 36.89%
June 30, 2018 34.42%
Date Value
March 31, 2018 37.66%
December 31, 2017 40.62%
September 30, 2017 41.17%
June 30, 2017 41.07%
March 31, 2017 42.75%
December 31, 2016 39.28%
September 30, 2016 15.04%
June 30, 2016 25.50%
March 31, 2016 28.26%
December 31, 2015 31.88%
September 30, 2015 27.20%
June 30, 2015 38.89%
March 31, 2015 45.38%
December 31, 2014 40.43%
September 30, 2014 25.28%
June 30, 2014 11.03%
March 31, 2014 63.77%
December 31, 2013 79.56%
September 30, 2013 16.12%
June 30, 2013 70.52%
March 31, 2013 78.94%
December 31, 2012 82.07%
September 30, 2012 76.70%
June 30, 2012 86.03%
March 31, 2012 72.42%

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

28.82%
Minimum
Sep 2023
39.80%
Maximum
Sep 2020
34.75%
Average
35.66%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics