Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 36.84%
March 31, 2024 36.90%
December 31, 2023 33.66%
September 30, 2023 29.33%
June 30, 2023 30.65%
March 31, 2023 29.38%
December 31, 2022 29.61%
September 30, 2022 25.83%
June 30, 2022 29.50%
March 31, 2022 29.89%
December 31, 2021 32.17%
September 30, 2021 29.19%
June 30, 2021 33.95%
March 31, 2021 33.05%
December 31, 2020 33.02%
September 30, 2020 35.39%
June 30, 2020 33.13%
March 31, 2020 33.37%
December 31, 2019 34.15%
September 30, 2019 33.27%
June 30, 2019 35.44%
March 31, 2019 31.97%
December 31, 2018 31.17%
September 30, 2018 33.62%
June 30, 2018 29.78%
Date Value
March 31, 2018 31.95%
December 31, 2017 31.07%
September 30, 2017 35.70%
June 30, 2017 35.57%
March 31, 2017 26.29%
December 31, 2016 30.98%
September 30, 2016 36.55%
June 30, 2016 37.03%
March 31, 2016 30.07%
December 31, 2015 29.18%
September 30, 2015 5.53%
June 30, 2015 31.96%
March 31, 2015 28.28%
December 31, 2014 27.23%
September 30, 2014 31.59%
June 30, 2014 30.55%
March 31, 2014 28.53%
December 31, 2013 26.07%
September 30, 2013 30.29%
June 30, 2013 30.06%
March 31, 2013 27.30%
December 31, 2012 23.30%
September 30, 2012 27.25%
June 30, 2012 28.85%
March 31, 2012 24.69%

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

25.83%
Minimum
Sep 2022
36.90%
Maximum
Mar 2024
32.05%
Average
33.02%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics