Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 30.91%
March 31, 2024 26.91%
December 31, 2023 27.30%
September 30, 2023 28.38%
June 30, 2023 28.20%
March 31, 2023 28.93%
December 31, 2022 25.69%
September 30, 2022 29.11%
June 30, 2022 28.24%
March 31, 2022 27.93%
December 31, 2021 25.61%
September 30, 2021 27.96%
June 30, 2021 30.82%
March 31, 2021 30.08%
December 31, 2020 31.49%
September 30, 2020 30.40%
June 30, 2020 30.27%
March 31, 2020 29.13%
Date Value
December 31, 2019 29.87%
September 30, 2019 29.47%
June 30, 2019 29.81%
March 31, 2019 30.87%
December 31, 2018 29.88%
September 30, 2018 27.70%
June 30, 2018 31.03%
March 31, 2018 31.77%
December 31, 2017 31.48%
September 30, 2017 30.28%
June 30, 2017 31.50%
March 31, 2017 29.38%
December 31, 2016 28.01%
September 30, 2016 29.12%
June 30, 2016 30.62%
March 31, 2016 30.62%
September 30, 2015 32.52%
September 30, 2014 35.78%

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

25.61%
Minimum
Dec 2021
31.49%
Maximum
Dec 2020
28.80%
Average
28.93%
Median
Mar 2023