Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 31.86%
June 30, 2024 32.65%
March 31, 2024 33.63%
December 31, 2023 35.43%
September 30, 2023 33.17%
June 30, 2023 34.71%
March 31, 2023 35.88%
December 31, 2022 36.28%
September 30, 2022 33.84%
June 30, 2022 33.05%
March 31, 2022 32.85%
December 31, 2021 31.45%
September 30, 2021 29.01%
June 30, 2021 28.06%
March 31, 2021 27.79%
December 31, 2020 28.52%
September 30, 2020 26.70%
June 30, 2020 28.24%
March 31, 2020 29.63%
December 31, 2019 30.66%
September 30, 2019 28.27%
June 30, 2019 28.44%
March 31, 2019 28.71%
December 31, 2018 29.60%
September 30, 2018 26.82%
Date Value
June 30, 2018 27.44%
March 31, 2018 27.98%
December 31, 2017 29.11%
September 30, 2017 27.87%
June 30, 2017 26.05%
March 31, 2017 25.51%
December 31, 2016 29.40%
September 30, 2016 30.84%
June 30, 2016 31.31%
March 31, 2016 31.23%
December 31, 2015 31.90%
September 30, 2015 30.41%
June 30, 2015 29.61%
March 31, 2015 29.51%
December 31, 2014 30.12%
September 30, 2014 28.46%
June 30, 2014 27.80%
March 31, 2014 20.17%
December 31, 2013 20.05%
September 30, 2013 31.00%
June 30, 2013 31.51%
March 31, 2013 31.34%
December 31, 2012 31.33%
September 30, 2012 28.79%
June 30, 2012 28.96%

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

26.70%
Minimum
Sep 2020
36.28%
Maximum
Dec 2022
31.67%
Average
32.25%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics