Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 37.76%
December 31, 2023 38.57%
September 30, 2023 31.74%
June 30, 2023 35.75%
March 31, 2023 36.56%
December 31, 2022 35.91%
September 30, 2022 35.56%
June 30, 2022 35.71%
March 31, 2022 37.30%
December 31, 2021 37.34%
September 30, 2021 37.28%
June 30, 2021 37.40%
March 31, 2021 40.78%
December 31, 2020 38.76%
September 30, 2020 39.39%
June 30, 2020 38.34%
March 31, 2020 39.26%
December 31, 2019 40.87%
September 30, 2019 36.25%
June 30, 2019 35.52%
March 31, 2019 35.16%
December 31, 2018 35.69%
September 30, 2018 37.22%
June 30, 2018 35.74%
March 31, 2018 36.28%
Date Value
December 31, 2017 35.45%
September 30, 2017 36.04%
June 30, 2017 36.99%
March 31, 2017 34.94%
December 31, 2016 32.87%
September 30, 2016 31.42%
June 30, 2016 29.65%
March 31, 2016 32.59%
December 31, 2015 22.98%
September 30, 2015 30.07%
June 30, 2015 25.12%
March 31, 2015 35.24%
December 31, 2014 39.15%
September 30, 2014 39.15%
June 30, 2014 40.38%
March 31, 2014 41.12%
December 31, 2013 40.84%
September 30, 2013 41.83%
June 30, 2013 41.26%
March 31, 2013 40.36%
December 31, 2012 39.06%
September 30, 2012 38.12%
June 30, 2012 37.31%
March 31, 2012 37.30%
December 31, 2011 35.49%

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

31.74%
Minimum
Sep 2023
40.87%
Maximum
Dec 2019
37.46%
Average
37.37%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics