Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 27.41%
March 31, 2024 26.13%
December 31, 2023 23.34%
September 30, 2023 24.45%
June 30, 2023 22.83%
March 31, 2023 21.67%
December 31, 2022 20.37%
September 30, 2022 20.31%
June 30, 2022 18.36%
March 31, 2022 15.97%
December 31, 2021 20.13%
September 30, 2021 18.94%
June 30, 2021 15.44%
March 31, 2021 15.20%
December 31, 2020 14.31%
September 30, 2020 14.75%
June 30, 2020 15.04%
Date Value
March 31, 2020 13.13%
December 31, 2019 11.66%
September 30, 2019 12.40%
June 30, 2019 13.34%
March 31, 2019 14.67%
December 31, 2018 12.98%
September 30, 2018 7.91%
June 30, 2018 11.32%
March 31, 2018 11.02%
December 31, 2017 15.91%
September 30, 2017 12.70%
June 30, 2017 13.19%
March 31, 2017 11.95%
June 30, 2016 13.64%
March 31, 2016 12.41%
December 31, 2015 14.34%
September 30, 2015 13.90%

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

11.66%
Minimum
Dec 2019
27.41%
Maximum
Jun 2024
18.92%
Average
18.94%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks

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