Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 21.98%
September 30, 2023 23.26%
June 30, 2023 23.46%
March 31, 2023 22.54%
December 31, 2022 22.50%
September 30, 2022 21.35%
June 30, 2022 22.11%
March 31, 2022 21.94%
December 31, 2021 22.89%
September 30, 2021 22.76%
June 30, 2021 23.13%
March 31, 2021 21.79%
December 31, 2020 22.84%
September 30, 2020 22.28%
June 30, 2020 22.45%
March 31, 2020 22.40%
December 31, 2019 24.37%
September 30, 2019 22.37%
June 30, 2019 33.76%
March 31, 2019 20.61%
December 31, 2018 17.06%
September 30, 2018 36.42%
June 30, 2018 34.11%
March 31, 2018 32.65%
December 31, 2017 38.45%
Date Value
September 30, 2017 33.50%
June 30, 2017 31.00%
March 31, 2017 29.78%
December 31, 2016 29.61%
September 30, 2016 27.87%
June 30, 2016 27.60%
March 31, 2016 26.94%
December 31, 2015 26.65%
September 30, 2015 26.39%
June 30, 2015 26.25%
March 31, 2015 26.58%
December 31, 2014 28.74%
September 30, 2014 26.25%
June 30, 2014 26.45%
March 31, 2014 27.21%
December 31, 2013 20.48%
September 30, 2013 32.34%
June 30, 2013 33.53%
March 31, 2013 30.91%
December 31, 2012 28.09%
September 30, 2012 34.05%
June 30, 2012 34.02%
March 31, 2012 34.39%
December 31, 2011 37.03%
September 30, 2011 40.08%

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

20.61%
Minimum
Mar 2019
33.76%
Maximum
Jun 2019
23.04%
Average
22.47%
Median

Gross Profit Margin (Quarterly) Benchmarks