Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 20.72%
March 31, 2024 18.58%
December 31, 2023 20.96%
September 30, 2023 21.96%
June 30, 2023 20.10%
March 31, 2023 19.32%
December 31, 2022 24.27%
September 30, 2022 21.62%
June 30, 2022 19.57%
March 31, 2022 18.04%
December 31, 2021 19.36%
September 30, 2021 16.72%
June 30, 2021 16.59%
March 31, 2021 13.62%
December 31, 2020 15.46%
September 30, 2020 7.65%
June 30, 2020 1.37%
March 31, 2020 14.90%
December 31, 2019 14.26%
September 30, 2019 15.29%
June 30, 2019 14.97%
March 31, 2019 16.32%
December 31, 2018 19.22%
September 30, 2018 18.71%
June 30, 2018 18.85%
Date Value
March 31, 2018 21.04%
December 31, 2017 20.09%
September 30, 2017 21.28%
June 30, 2017 22.19%
March 31, 2017 21.08%
December 31, 2016 18.79%
September 30, 2016 8.79%
June 30, 2016 18.27%
March 31, 2016 20.12%
December 31, 2015 21.19%
September 30, 2015 21.39%
June 30, 2015 20.19%
March 31, 2015 21.04%
December 31, 2014 22.41%
September 30, 2014 21.92%
June 30, 2014 21.56%
March 31, 2014 19.26%
December 31, 2013 22.37%
September 30, 2013 22.01%
June 30, 2013 22.78%
March 31, 2013 19.47%
December 31, 2012 18.11%
September 30, 2012 18.56%
June 30, 2012 18.59%
March 31, 2012 18.43%

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

1.37%
Minimum
Jun 2020
24.27%
Maximum
Dec 2022
17.11%
Average
18.58%
Median
Mar 2024