Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 17.28%
March 31, 2024 18.07%
December 31, 2023 20.99%
September 30, 2023 18.52%
June 30, 2023 16.95%
March 31, 2023 22.41%
December 31, 2022 11.67%
September 30, 2022 24.49%
June 30, 2022 19.49%
March 31, 2022 15.98%
December 31, 2021 17.06%
September 30, 2021 12.87%
June 30, 2021 20.29%
March 31, 2021 22.66%
December 31, 2020 24.87%
September 30, 2020 22.06%
June 30, 2020 24.95%
March 31, 2020 24.56%
December 31, 2019 22.03%
September 30, 2019 30.57%
June 30, 2019 20.46%
March 31, 2019 19.56%
December 31, 2018 23.90%
September 30, 2018 19.22%
June 30, 2018 24.54%
Date Value
March 31, 2018 26.39%
December 31, 2017 26.52%
September 30, 2017 26.75%
June 30, 2017 23.55%
March 31, 2017 27.63%
December 31, 2016 26.80%
September 30, 2016 22.93%
June 30, 2016 24.70%
March 31, 2016 24.34%
December 31, 2015 47.25%
September 30, 2015 21.04%
June 30, 2015 19.96%
March 31, 2015 20.67%
December 31, 2014 43.29%
September 30, 2014 16.93%
June 30, 2014 18.28%
March 31, 2014 18.16%
December 31, 2013 18.58%
September 30, 2013 19.53%
June 30, 2013 18.16%
March 31, 2013 19.48%
December 31, 2012 22.58%
September 30, 2012 19.61%
June 30, 2012 16.73%
March 31, 2012 21.03%

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

11.67%
Minimum
Dec 2022
24.95%
Maximum
Jun 2020
19.85%
Average
20.29%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks