Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 13.38%
March 31, 2024 13.99%
December 31, 2023 16.25%
September 30, 2023 18.19%
June 30, 2023 17.06%
March 31, 2023 15.18%
December 31, 2022 16.67%
September 30, 2022 17.04%
June 30, 2022 15.92%
March 31, 2022 15.46%
December 31, 2021 15.60%
September 30, 2021 16.85%
June 30, 2021 16.53%
March 31, 2021 14.21%
December 31, 2020 14.72%
September 30, 2020 13.71%
June 30, 2020 8.40%
March 31, 2020 13.67%
December 31, 2019 13.72%
September 30, 2019 16.39%
June 30, 2019 14.21%
March 31, 2019 16.40%
December 31, 2018 16.43%
September 30, 2018 16.65%
June 30, 2018 16.31%
Date Value
March 31, 2018 18.35%
December 31, 2017 16.76%
September 30, 2017 18.45%
June 30, 2017 17.87%
March 31, 2017 19.95%
December 31, 2016 19.59%
September 30, 2016 19.90%
June 30, 2016 18.87%
March 31, 2016 20.23%
December 31, 2015 19.53%
September 30, 2015 20.07%
June 30, 2015 18.59%
March 31, 2015 20.95%
December 31, 2014 17.94%
September 30, 2014 18.12%
June 30, 2014 17.52%
March 31, 2014 18.47%
December 31, 2013 16.71%
September 30, 2013 17.58%
June 30, 2013 17.44%
March 31, 2013 16.44%
December 31, 2012 15.55%
September 30, 2012 17.36%
June 30, 2012 16.91%
March 31, 2012 17.20%

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

8.40%
Minimum
Jun 2020
18.19%
Maximum
Sep 2023
15.08%
Average
15.46%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks