Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 38.03%
March 31, 2024 36.92%
December 31, 2023 30.14%
September 30, 2023 35.38%
June 30, 2023 36.41%
March 31, 2023 35.54%
December 31, 2022 37.03%
September 30, 2022 37.65%
June 30, 2022 31.39%
March 31, 2022 34.26%
December 31, 2021 35.65%
September 30, 2021 35.95%
June 30, 2021 36.16%
March 31, 2021 36.26%
December 31, 2020 30.22%
September 30, 2020 32.46%
June 30, 2020 26.14%
March 31, 2020 34.18%
December 31, 2019 30.40%
September 30, 2019 28.72%
June 30, 2019 27.87%
March 31, 2019 30.13%
December 31, 2018 26.51%
September 30, 2018 26.78%
June 30, 2018 29.72%
Date Value
March 31, 2018 28.22%
December 31, 2017 25.28%
September 30, 2017 29.96%
June 30, 2017 34.17%
March 31, 2017 27.20%
December 31, 2016 36.28%
September 30, 2016 32.06%
June 30, 2016 34.18%
March 31, 2016 34.33%
December 31, 2015 33.42%
September 30, 2015 32.64%
June 30, 2015 30.98%
March 31, 2015 29.39%
December 31, 2014 27.90%
September 30, 2014 27.84%
June 30, 2014 25.82%
March 31, 2014 28.46%
December 31, 2013 29.40%
September 30, 2013 29.65%
June 30, 2013 29.39%
March 31, 2013 29.00%
December 31, 2012 31.61%
September 30, 2012 35.27%
June 30, 2012 33.50%
March 31, 2012 32.07%

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

26.14%
Minimum
Jun 2020
38.03%
Maximum
Jun 2024
34.22%
Average
35.54%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics