Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 34.75%
September 30, 2023 37.59%
June 30, 2023 36.15%
March 31, 2023 33.80%
December 31, 2022 28.34%
September 30, 2022 31.53%
June 30, 2022 32.70%
March 31, 2022 31.99%
December 31, 2021 30.61%
September 30, 2021 34.17%
June 30, 2021 36.30%
March 31, 2021 35.53%
December 31, 2020 35.48%
September 30, 2020 37.92%
June 30, 2020 35.60%
March 31, 2020 34.60%
December 31, 2019 34.47%
September 30, 2019 35.61%
June 30, 2019 36.60%
March 31, 2019 34.50%
December 31, 2018 45.66%
September 30, 2018 32.72%
June 30, 2018 32.65%
March 31, 2018 32.24%
December 31, 2017 94.22%
Date Value
September 30, 2017 33.78%
June 30, 2017 36.11%
March 31, 2017 34.03%
December 31, 2016 32.84%
September 30, 2016 32.71%
June 30, 2016 34.98%
March 31, 2016 33.08%
December 31, 2015 31.02%
September 30, 2015 32.03%
June 30, 2015 33.02%
March 31, 2015 29.84%
December 31, 2014 28.87%
September 30, 2014 28.46%
June 30, 2014 30.65%
March 31, 2014 27.84%
December 31, 2013 40.10%
September 30, 2013 28.23%
June 30, 2013 28.34%
March 31, 2013 27.08%
December 31, 2012 24.63%
September 30, 2012 26.14%
June 30, 2012 26.79%
March 31, 2012 26.80%
December 31, 2011 23.25%
September 30, 2011 25.03%

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

28.34%
Minimum
Dec 2022
37.92%
Maximum
Sep 2020
34.41%
Average
34.67%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics