Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 22.96%
March 31, 2024 21.94%
December 31, 2023 20.33%
September 30, 2023 19.01%
June 30, 2023 21.13%
March 31, 2023 19.49%
December 31, 2022 19.09%
September 30, 2022 17.09%
June 30, 2022 19.35%
March 31, 2022 15.51%
December 31, 2021 19.86%
September 30, 2021 23.81%
June 30, 2021 23.84%
March 31, 2021 19.50%
December 31, 2020 19.46%
September 30, 2020 25.13%
June 30, 2020 22.51%
March 31, 2020 20.81%
December 31, 2019 21.80%
September 30, 2019 21.78%
June 30, 2019 22.87%
March 31, 2019 20.99%
December 31, 2018 21.91%
Date Value
September 30, 2018 21.52%
June 30, 2018 23.23%
March 31, 2018 21.85%
December 31, 2017 22.74%
September 30, 2017 22.58%
June 30, 2017 25.82%
March 31, 2017 24.56%
December 31, 2016 22.87%
September 30, 2016 25.08%
June 30, 2016 26.00%
March 31, 2016 24.72%
December 31, 2015 25.63%
September 30, 2015 25.37%
June 30, 2015 25.80%
March 31, 2015 26.24%
December 31, 2014 26.43%
September 30, 2014 24.88%
June 30, 2014 26.45%
March 31, 2014 25.87%
December 31, 2013 24.37%
September 30, 2013 24.72%
June 30, 2013 26.24%
March 31, 2013 24.33%

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.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

15.51%
Minimum
Mar 2022
25.13%
Maximum
Sep 2020
20.66%
Average
20.33%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks