Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 39.91%
September 30, 2023 42.27%
June 30, 2023 42.92%
March 31, 2023 41.14%
December 31, 2022 31.18%
September 30, 2022 39.58%
June 30, 2022 41.15%
March 31, 2022 45.54%
December 31, 2021 32.04%
September 30, 2021 43.79%
June 30, 2021 45.27%
March 31, 2021 46.00%
December 31, 2020 37.31%
September 30, 2020 39.90%
June 30, 2020 40.74%
March 31, 2020 37.59%
December 31, 2019 36.61%
September 30, 2019 40.93%
June 30, 2019 38.95%
March 31, 2019 36.50%
December 31, 2018 34.71%
September 30, 2018 36.71%
June 30, 2018 38.51%
March 31, 2018 37.84%
December 31, 2017 24.50%
Date Value
September 30, 2017 33.23%
June 30, 2017 31.71%
March 31, 2017 37.15%
December 31, 2016 24.04%
September 30, 2016 33.07%
June 30, 2016 30.03%
March 31, 2016 30.04%
December 31, 2015 31.48%
September 30, 2015 32.47%
June 30, 2015 31.80%
March 31, 2015 33.48%
December 31, 2014 31.68%
September 30, 2014 32.29%
June 30, 2014 31.75%
March 31, 2014 31.56%
December 31, 2013 30.17%
September 30, 2013 27.77%
June 30, 2013 28.87%
March 31, 2013 28.03%
December 31, 2012 23.61%
September 30, 2012 26.79%
June 30, 2012 27.64%
March 31, 2012 28.27%
December 31, 2011 34.31%
September 30, 2011 34.71%

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

31.18%
Minimum
Dec 2022
46.00%
Maximum
Mar 2021
39.97%
Average
40.32%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics