Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 28.22%
March 31, 2024 25.91%
December 31, 2023 24.63%
September 30, 2023 26.30%
June 30, 2023 26.14%
March 31, 2023 24.48%
December 31, 2022 24.85%
September 30, 2022 25.79%
June 30, 2022 26.96%
March 31, 2022 26.66%
December 31, 2021 26.60%
September 30, 2021 27.92%
June 30, 2021 26.68%
March 31, 2021 25.72%
December 31, 2020 26.84%
September 30, 2020 27.63%
June 30, 2020 26.60%
March 31, 2020 25.22%
December 31, 2019 25.34%
September 30, 2019 24.89%
June 30, 2019 24.87%
March 31, 2019 23.97%
December 31, 2018 23.89%
September 30, 2018 24.18%
June 30, 2018 24.26%
Date Value
March 31, 2018 23.68%
December 31, 2017 23.54%
September 30, 2017 22.48%
June 30, 2017 20.17%
March 31, 2017 18.76%
December 31, 2016 19.75%
September 30, 2016 20.13%
June 30, 2016 20.49%
March 31, 2016 19.28%
December 31, 2015 20.65%
September 30, 2015 19.90%
June 30, 2015 18.82%
March 31, 2015 17.32%
December 31, 2014 18.31%
September 30, 2014 18.25%
June 30, 2014 18.46%
March 31, 2014 18.22%
December 31, 2013 19.09%
September 30, 2013 18.86%
June 30, 2013 19.03%
March 31, 2013 18.21%
December 31, 2012 19.14%
September 30, 2012 19.18%
June 30, 2012 19.08%
March 31, 2012 18.24%

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

24.48%
Minimum
Mar 2023
28.22%
Maximum
Jun 2024
26.24%
Average
26.30%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics