Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 12.18%
March 31, 2024 19.17%
December 31, 2023 18.83%
September 30, 2023 20.95%
June 30, 2023 25.76%
March 31, 2023 25.54%
December 31, 2022 24.01%
September 30, 2022 27.12%
June 30, 2022 28.99%
March 31, 2022 26.03%
December 31, 2021 25.18%
September 30, 2021 23.41%
June 30, 2021 33.86%
March 31, 2021 25.18%
December 31, 2020 24.67%
September 30, 2020 25.28%
June 30, 2020 14.50%
March 31, 2020 20.74%
December 31, 2019 21.22%
September 30, 2019 23.26%
June 30, 2019 25.64%
Date Value
March 31, 2019 24.42%
December 31, 2018 22.28%
September 30, 2018 24.78%
June 30, 2018 29.22%
March 31, 2018 25.99%
December 31, 2017 25.41%
September 30, 2017 27.92%
June 30, 2017 28.21%
March 31, 2017 25.52%
December 31, 2016 27.94%
September 30, 2016 29.34%
June 30, 2016 26.29%
March 31, 2016 27.78%
December 31, 2015 27.83%
September 30, 2015 28.29%
June 30, 2015 23.34%
March 31, 2015 23.74%
December 31, 2014 24.03%
September 30, 2014 24.38%
June 30, 2014 23.85%
March 31, 2014 20.14%

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

12.18%
Minimum
Jun 2024
33.86%
Maximum
Jun 2021
23.30%
Average
24.67%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics