Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 27.07%
June 30, 2024 27.87%
March 31, 2024 27.07%
December 31, 2023 25.13%
September 30, 2023 26.92%
June 30, 2023 25.46%
March 31, 2023 23.45%
December 31, 2022 22.56%
September 30, 2022 26.84%
June 30, 2022 27.32%
March 31, 2022 24.76%
December 31, 2021 23.16%
September 30, 2021 24.52%
June 30, 2021 25.12%
March 31, 2021 24.40%
December 31, 2020 23.96%
September 30, 2020 22.94%
June 30, 2020 21.90%
March 31, 2020 20.20%
December 31, 2019 19.91%
September 30, 2019 20.54%
June 30, 2019 19.21%
March 31, 2019 19.26%
December 31, 2018 18.80%
September 30, 2018 20.40%
Date Value
June 30, 2018 19.49%
March 31, 2018 20.36%
December 31, 2017 19.82%
September 30, 2017 21.36%
June 30, 2017 19.54%
March 31, 2017 21.30%
December 31, 2016 20.75%
September 30, 2016 17.82%
June 30, 2016 20.32%
March 31, 2016 19.79%
December 31, 2015 21.00%
September 30, 2015 21.47%
June 30, 2015 21.76%
March 31, 2015 21.65%
December 31, 2014 20.60%
September 30, 2014 20.90%
June 30, 2014 21.45%
March 31, 2014 21.66%
December 31, 2013 20.40%
September 30, 2013 20.73%
June 30, 2013 20.22%
March 31, 2013 20.56%
December 31, 2012 19.63%
September 30, 2012 21.27%
June 30, 2012 19.82%

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

19.91%
Minimum
Dec 2019
27.87%
Maximum
Jun 2024
24.53%
Average
24.64%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics