Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 13.99%
March 31, 2024 14.90%
December 31, 2023 17.76%
September 30, 2023 11.54%
June 30, 2023 16.83%
March 31, 2023 18.60%
December 31, 2022 21.61%
September 30, 2022 28.08%
June 30, 2022 34.36%
March 31, 2022 36.69%
December 31, 2021 29.90%
September 30, 2021 25.29%
June 30, 2021 26.86%
March 31, 2021 18.93%
December 31, 2020 16.74%
September 30, 2020 14.91%
June 30, 2020 12.57%
March 31, 2020 2.30%
December 31, 2019 3.89%
September 30, 2019 10.17%
June 30, 2019 10.44%
March 31, 2019 16.29%
December 31, 2018 18.50%
September 30, 2018 16.92%
June 30, 2018 13.36%
Date Value
March 31, 2018 12.52%
December 31, 2017 13.39%
September 30, 2017 12.13%
June 30, 2017 10.96%
March 31, 2017 8.21%
December 31, 2016 11.06%
September 30, 2016 10.93%
June 30, 2016 9.20%
March 31, 2016 14.14%
December 31, 2015 16.43%
September 30, 2015 15.92%
June 30, 2015 24.44%
March 31, 2015 19.60%
December 31, 2014 24.35%
September 30, 2014 18.43%
June 30, 2014 21.35%
March 31, 2014 20.72%
September 30, 2013 20.27%
May 31, 2013 28.55%
February 28, 2013 25.37%
November 30, 2012 26.65%
August 31, 2012 29.83%
May 31, 2012 29.56%
February 29, 2012 23.83%
November 30, 2011 29.23%

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

2.30%
Minimum
Mar 2020
36.69%
Maximum
Mar 2022
19.25%
Average
17.76%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks