Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 23.26%
March 31, 2024 19.91%
December 31, 2023 18.16%
September 30, 2023 23.57%
June 30, 2023 23.41%
March 31, 2023 21.34%
December 31, 2022 21.59%
September 30, 2022 23.08%
June 30, 2022 23.04%
March 31, 2022 19.60%
December 31, 2021 20.29%
September 30, 2021 20.91%
June 30, 2021 23.05%
March 31, 2021 15.03%
December 31, 2020 17.86%
September 30, 2020 19.39%
June 30, 2020 6.97%
March 31, 2020 11.37%
December 31, 2019 12.42%
September 30, 2019 16.81%
June 30, 2019 16.34%
March 31, 2019 15.86%
December 31, 2018 15.45%
September 30, 2018 17.44%
June 30, 2018 20.54%
Date Value
March 31, 2018 17.27%
December 31, 2017 15.35%
September 30, 2017 21.21%
June 30, 2017 20.53%
March 31, 2017 17.51%
December 31, 2016 24.48%
September 30, 2016 15.12%
June 30, 2016 15.04%
March 31, 2016 14.87%
December 31, 2015 14.30%
September 30, 2015 14.51%
June 30, 2015 14.99%
March 31, 2015 14.83%
December 31, 2014 14.13%
September 30, 2014 14.54%
June 30, 2014 14.98%
March 31, 2014 13.30%
December 31, 2013 14.01%
September 30, 2013 13.48%
June 30, 2013 14.47%
March 31, 2013 13.21%
December 31, 2012 14.75%
September 30, 2012 12.64%
June 30, 2012 14.52%
March 31, 2012 12.62%

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

6.97%
Minimum
Jun 2020
23.57%
Maximum
Sep 2023
19.17%
Average
20.29%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics