Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 33.64%
June 30, 2024 30.76%
March 31, 2024 31.05%
December 31, 2023 27.53%
September 30, 2023 30.23%
June 30, 2023 28.55%
March 31, 2023 28.18%
December 31, 2022 26.31%
September 30, 2022 21.31%
June 30, 2022 21.76%
March 31, 2022 23.42%
December 31, 2021 18.51%
September 30, 2021 22.21%
June 30, 2021 23.87%
March 31, 2021 28.55%
December 31, 2020 28.57%
September 30, 2020 32.49%
June 30, 2020 23.54%
March 31, 2020 32.34%
December 31, 2019 26.84%
September 30, 2019 29.28%
June 30, 2019 30.32%
March 31, 2019 28.49%
December 31, 2018 26.35%
September 30, 2018 25.02%
Date Value
June 30, 2018 24.35%
March 31, 2018 26.61%
December 31, 2017 25.93%
September 30, 2017 28.97%
June 30, 2017 29.87%
March 31, 2017 31.10%
December 31, 2016 29.07%
September 30, 2016 34.37%
June 30, 2016 34.19%
March 31, 2016 34.43%
December 31, 2015 31.96%
September 30, 2015 32.31%
June 30, 2015 30.27%
March 31, 2015 32.40%
December 31, 2014 28.70%
September 30, 2014 28.02%
June 30, 2014 29.13%
March 31, 2014 28.09%
December 31, 2013 27.25%
September 30, 2013 28.22%
June 30, 2013 29.02%
March 31, 2013 30.09%
December 31, 2012 27.05%
September 30, 2012 29.08%
June 30, 2012 27.85%

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

18.51%
Minimum
Dec 2021
33.64%
Maximum
Sep 2024
26.98%
Average
27.86%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics