Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 20.35%
December 31, 2023 22.03%
September 30, 2023 20.72%
June 30, 2023 20.66%
March 31, 2023 22.99%
December 31, 2022 22.82%
September 30, 2022 22.06%
June 30, 2022 22.63%
March 31, 2022 19.23%
December 31, 2021 19.01%
September 30, 2021 19.74%
June 30, 2021 20.53%
March 31, 2021 19.81%
December 31, 2020 17.71%
September 30, 2020 15.13%
June 30, 2020 13.13%
March 31, 2020 17.54%
December 31, 2019 17.90%
September 30, 2019 18.37%
June 30, 2019 19.89%
March 31, 2019 20.60%
December 31, 2018 22.82%
September 30, 2018 22.28%
June 30, 2018 22.77%
March 31, 2018 23.00%
Date Value
December 31, 2017 23.31%
September 30, 2017 21.95%
June 30, 2017 22.75%
March 31, 2017 23.64%
December 31, 2016 21.74%
September 30, 2016 20.78%
June 30, 2016 22.50%
March 31, 2016 20.91%
December 31, 2015 22.70%
September 30, 2015 23.05%
June 30, 2015 23.38%
March 31, 2015 23.47%
December 31, 2014 23.67%
September 30, 2014 22.25%
June 30, 2014 22.48%
March 31, 2014 23.19%
December 31, 2013 20.27%
September 30, 2013 21.23%
June 30, 2013 20.32%
March 31, 2013 18.79%
December 31, 2012 17.15%
September 30, 2012 18.51%
June 30, 2012 19.91%
March 31, 2012 18.90%
December 31, 2011 19.54%

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

13.13%
Minimum
Jun 2020
22.99%
Maximum
Mar 2023
19.67%
Average
20.08%
Median