Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 17.28%
March 31, 2024 14.81%
December 31, 2023 16.45%
September 30, 2023 18.15%
June 30, 2023 16.65%
March 31, 2023 15.65%
December 31, 2022 17.01%
September 30, 2022 16.20%
June 30, 2022 17.33%
March 31, 2022 11.80%
December 31, 2021 13.93%
September 30, 2021 19.44%
June 30, 2021 20.15%
March 31, 2021 15.00%
December 31, 2020 15.06%
September 30, 2020 16.70%
June 30, 2020 6.91%
March 31, 2020 12.12%
December 31, 2019 18.36%
September 30, 2019 18.21%
June 30, 2019 18.05%
March 31, 2019 13.61%
December 31, 2018 16.09%
September 30, 2018 17.23%
June 30, 2018 16.21%
Date Value
March 31, 2018 13.60%
December 31, 2017 16.16%
September 30, 2017 16.49%
June 30, 2017 15.91%
March 31, 2017 11.90%
December 31, 2016 12.80%
September 30, 2016 13.31%
June 30, 2016 14.53%
March 31, 2016 14.17%
December 31, 2015 15.92%
September 30, 2015 16.01%
June 30, 2015 19.60%
March 31, 2015 17.01%
December 31, 2014 20.96%
September 30, 2014 19.24%
June 30, 2014 21.43%
March 31, 2014 18.32%
December 31, 2013 21.93%
September 30, 2013 21.68%
June 30, 2013 23.19%
March 31, 2013 19.33%
December 31, 2012 22.25%
September 30, 2012 21.83%
June 30, 2012 21.71%
March 31, 2012 20.63%

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

6.91%
Minimum
Jun 2020
20.15%
Maximum
Jun 2021
15.74%
Average
16.45%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics