Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 20.87%
March 31, 2024 19.11%
December 31, 2023 21.94%
September 30, 2023 21.60%
June 30, 2023 22.16%
March 31, 2023 15.03%
December 31, 2022 18.06%
September 30, 2022 20.26%
June 30, 2022 20.20%
March 31, 2022 19.33%
December 31, 2021 21.28%
September 30, 2021 21.41%
June 30, 2021 22.28%
March 31, 2021 22.94%
December 31, 2020 23.19%
September 30, 2020 22.54%
June 30, 2020 21.72%
March 31, 2020 20.07%
December 31, 2019 21.73%
September 30, 2019 22.74%
June 30, 2019 22.09%
March 31, 2019 17.82%
December 31, 2018 22.19%
September 30, 2018 25.52%
June 30, 2018 25.15%
Date Value
March 31, 2018 23.30%
December 31, 2017 23.99%
September 30, 2017 24.07%
June 30, 2017 24.54%
March 31, 2017 23.08%
December 31, 2016 24.24%
September 30, 2016 24.85%
June 30, 2016 23.15%
March 31, 2016 22.94%
December 31, 2015 22.55%
September 30, 2015 23.13%
June 30, 2015 23.16%
March 31, 2015 23.26%
December 31, 2014 23.31%
September 30, 2014 24.06%
June 30, 2014 23.50%
March 31, 2014 23.28%
December 31, 2013 23.23%
September 30, 2013 22.91%
June 30, 2013 22.06%
March 31, 2013 14.16%
December 31, 2012 16.91%
September 30, 2012 23.07%
June 30, 2012 23.09%
March 31, 2012 24.03%

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

15.03%
Minimum
Mar 2023
23.19%
Maximum
Dec 2020
20.83%
Average
21.41%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks