Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 22.85%
June 30, 2024 22.63%
March 31, 2024 19.16%
December 31, 2023 20.38%
September 30, 2023 21.10%
June 30, 2023 23.06%
March 31, 2023 19.97%
December 31, 2022 22.54%
September 30, 2022 23.52%
June 30, 2022 25.81%
March 31, 2022 22.93%
December 31, 2021 27.66%
September 30, 2021 28.01%
June 30, 2021 27.85%
March 31, 2021 23.62%
December 31, 2020 25.83%
September 30, 2020 27.85%
June 30, 2020 27.03%
March 31, 2020 22.92%
December 31, 2019 29.50%
September 30, 2019 28.80%
June 30, 2019 31.23%
March 31, 2019 23.95%
December 31, 2018 21.60%
September 30, 2018 26.18%
Date Value
June 30, 2018 28.16%
March 31, 2018 25.95%
December 31, 2017 25.58%
September 30, 2017 29.11%
June 30, 2017 29.74%
March 31, 2017 28.17%
December 31, 2016 31.91%
September 30, 2016 33.16%
June 30, 2016 33.71%
March 31, 2016 31.06%
December 31, 2015 34.31%
September 30, 2015 34.37%
June 30, 2015 33.83%
March 31, 2015 30.71%
December 31, 2014 34.22%
September 30, 2014 33.54%
June 30, 2014 33.73%
March 31, 2014 30.53%
December 31, 2013 33.49%
September 30, 2013 33.96%
June 30, 2013 33.61%
March 31, 2013 30.64%
December 31, 2012 34.24%
September 30, 2012 34.56%
June 30, 2012 34.62%

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

19.16%
Minimum
Mar 2024
29.50%
Maximum
Dec 2019
24.21%
Average
23.29%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics