Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 19.92%
March 31, 2024 21.91%
December 31, 2023 21.93%
September 30, 2023 23.59%
June 30, 2023 21.71%
March 31, 2023 22.82%
December 31, 2022 21.18%
September 30, 2022 22.38%
June 30, 2022 21.19%
March 31, 2022 22.22%
December 31, 2021 21.16%
September 30, 2021 23.13%
June 30, 2021 20.87%
March 31, 2021 22.77%
December 31, 2020 21.58%
September 30, 2020 23.31%
June 30, 2020 19.28%
March 31, 2020 23.08%
December 31, 2019 23.69%
September 30, 2019 23.98%
June 30, 2019 22.60%
March 31, 2019 23.15%
December 31, 2018 22.55%
September 30, 2018 23.76%
June 30, 2018 22.68%
Date Value
March 31, 2018 23.57%
December 31, 2017 23.52%
September 30, 2017 24.16%
June 30, 2017 23.06%
March 31, 2017 25.22%
December 31, 2016 23.99%
September 30, 2016 25.60%
June 30, 2016 23.73%
March 31, 2016 24.86%
December 31, 2015 23.72%
September 30, 2015 25.84%
June 30, 2015 23.66%
March 31, 2015 24.17%
December 31, 2014 20.36%
September 30, 2014 24.26%
June 30, 2014 22.99%
March 31, 2014 23.31%
December 31, 2013 22.58%
September 30, 2013 24.17%
June 30, 2013 22.57%
March 31, 2013 24.28%
December 31, 2012 23.13%
September 30, 2012 24.61%
June 30, 2012 22.82%
March 31, 2012 24.17%

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

19.28%
Minimum
Jun 2020
23.69%
Maximum
Dec 2019
21.98%
Average
21.93%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics