Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 34.47%
June 30, 2024 31.54%
March 31, 2024 29.31%
December 31, 2023 16.01%
September 30, 2023 28.92%
June 30, 2023 31.76%
March 31, 2023 33.21%
December 31, 2022 27.48%
September 30, 2022 36.58%
June 30, 2022 35.87%
March 31, 2022 36.00%
December 31, 2021 31.25%
September 30, 2021 37.63%
June 30, 2021 39.01%
March 31, 2021 39.40%
December 31, 2020 39.13%
September 30, 2020 42.09%
June 30, 2020 31.01%
March 31, 2020 39.76%
December 31, 2019 36.59%
September 30, 2019 38.76%
Date Value
June 30, 2019 38.10%
March 31, 2019 35.08%
December 31, 2018 35.03%
September 30, 2018 38.11%
June 30, 2018 37.43%
March 31, 2018 36.18%
December 31, 2017 32.81%
September 30, 2017 35.29%
June 30, 2017 34.50%
March 31, 2017 32.36%
December 31, 2016 26.70%
September 30, 2016 31.85%
June 30, 2016 30.44%
March 31, 2016 31.56%
December 31, 2015 21.76%
September 30, 2015 30.25%
June 30, 2015 32.46%
March 31, 2015 28.89%
December 31, 2014 26.96%
September 30, 2014 32.86%

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.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

16.01%
Minimum
Dec 2023
42.09%
Maximum
Sep 2020
33.85%
Average
35.17%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics