Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 28.82%
March 31, 2024 35.16%
December 31, 2023 32.51%
September 30, 2023 28.84%
June 30, 2023 25.41%
March 31, 2023 41.07%
December 31, 2022 39.03%
September 30, 2022 34.74%
June 30, 2022 34.07%
March 31, 2022 38.05%
December 31, 2021 39.57%
September 30, 2021 39.75%
June 30, 2021 35.38%
March 31, 2021 44.27%
December 31, 2020 41.83%
September 30, 2020 33.99%
June 30, 2020 37.38%
March 31, 2020 42.59%
December 31, 2019 38.71%
September 30, 2019 32.55%
June 30, 2019 35.39%
March 31, 2019 37.27%
December 31, 2018 47.68%
September 30, 2018 29.31%
June 30, 2018 32.23%
Date Value
March 31, 2018 39.87%
December 31, 2017 38.68%
September 30, 2017 37.66%
June 30, 2017 39.30%
March 31, 2017 39.18%
December 31, 2016 40.02%
September 30, 2016 40.35%
June 30, 2016 41.16%
March 31, 2016 42.13%
December 31, 2015 37.49%
September 30, 2015 36.43%
June 30, 2015 36.15%
March 31, 2015 36.62%
December 31, 2014 36.76%
September 30, 2014 39.56%
June 30, 2014 31.31%
March 31, 2014 37.53%
December 31, 2013 32.77%
September 30, 2013 30.41%
June 30, 2013 33.00%
March 31, 2013 22.52%
December 31, 2012 19.34%
September 30, 2012 22.86%
June 30, 2012 30.25%
March 31, 2012 30.07%

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

25.41%
Minimum
Jun 2023
44.27%
Maximum
Mar 2021
36.38%
Average
37.38%
Median
Jun 2020

Gross Profit Margin (Quarterly) Benchmarks