Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 39.24%
March 31, 2024 31.69%
December 31, 2023 31.68%
September 30, 2023 38.92%
June 30, 2023 39.75%
March 31, 2023 33.75%
December 31, 2022 33.78%
September 30, 2022 37.85%
June 30, 2022 44.71%
March 31, 2022 41.23%
December 31, 2021 37.56%
September 30, 2021 39.78%
June 30, 2021 41.99%
March 31, 2021 37.05%
December 31, 2020 37.98%
September 30, 2020 37.64%
June 30, 2020 40.11%
March 31, 2020 29.79%
December 31, 2019 38.22%
September 30, 2019 37.19%
June 30, 2019 39.68%
March 31, 2019 32.78%
December 31, 2018 36.68%
September 30, 2018 37.50%
June 30, 2018 36.91%
Date Value
March 31, 2018 35.92%
December 31, 2017 35.04%
September 30, 2017 36.00%
June 30, 2017 35.46%
March 31, 2017 31.46%
December 31, 2016 37.41%
September 30, 2016 36.02%
June 30, 2016 39.80%
March 31, 2016 31.15%
December 31, 2015 34.33%
September 30, 2015 37.03%
June 30, 2015 38.81%
March 31, 2015 34.40%
December 31, 2014 37.16%
September 30, 2014 38.98%
June 30, 2014 41.08%
March 31, 2014 33.55%
December 31, 2013 38.05%
September 30, 2013 38.96%
June 30, 2013 40.71%
March 31, 2013 32.61%
December 31, 2012 39.23%
September 30, 2012 37.60%
June 30, 2012 41.84%
March 31, 2012 33.84%

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

29.79%
Minimum
Mar 2020
44.71%
Maximum
Jun 2022
37.51%
Average
37.98%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics