Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 28.35%
March 31, 2024 24.22%
December 31, 2023 24.58%
September 30, 2023 26.70%
June 30, 2023 47.65%
March 31, 2023 41.78%
December 31, 2022 30.21%
September 30, 2022 17.41%
June 30, 2022 37.30%
March 31, 2022 25.92%
December 31, 2021 27.04%
September 30, 2021 36.77%
June 30, 2021 33.79%
March 31, 2021 33.32%
December 31, 2020 35.57%
September 30, 2020 36.28%
June 30, 2020 46.00%
March 31, 2020 33.67%
December 31, 2019 36.58%
September 30, 2019 37.96%
June 30, 2019 36.29%
March 31, 2019 35.24%
December 31, 2018 32.60%
September 30, 2018 39.57%
June 30, 2018 43.09%
Date Value
March 31, 2018 39.55%
December 31, 2017 2.71%
September 30, 2017 38.50%
June 30, 2017 46.20%
March 31, 2017 41.89%
December 31, 2016 7.00%
September 30, 2016 49.27%
June 30, 2016 57.03%
March 31, 2016 49.31%
December 31, 2015 48.17%
September 30, 2015 52.93%
June 30, 2015 65.98%
March 31, 2015 65.70%
December 31, 2014 53.26%
September 30, 2014 43.76%
June 30, 2014 46.63%
March 31, 2014 44.37%
December 31, 2013 41.77%
September 30, 2013 42.10%
June 30, 2013 44.99%
March 31, 2013 62.53%
December 31, 2012 45.58%
September 30, 2012 36.52%
June 30, 2012 35.81%
March 31, 2012 43.18%

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

17.41%
Minimum
Sep 2022
47.65%
Maximum
Jun 2023
32.80%
Average
33.67%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics