Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 38.18%
March 31, 2024 36.46%
December 31, 2023 35.48%
September 30, 2023 35.36%
June 30, 2023 34.00%
March 31, 2023 33.39%
December 31, 2022 29.90%
September 30, 2022 29.31%
June 30, 2022 31.24%
March 31, 2022 31.74%
December 31, 2021 35.79%
September 30, 2021 32.95%
June 30, 2021 35.85%
March 31, 2021 33.24%
Date Value
December 31, 2020 36.55%
September 30, 2020 35.52%
June 30, 2020 33.55%
March 31, 2020 35.40%
December 31, 2019 35.04%
September 30, 2019 34.62%
June 30, 2019 35.29%
March 31, 2019 34.77%
December 31, 2018 34.52%
September 30, 2018 31.79%
June 30, 2018 31.26%
March 31, 2018 32.08%
December 31, 2017 32.71%
September 30, 2017 33.68%

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.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

29.31%
Minimum
Sep 2022
38.18%
Maximum
Jun 2024
34.16%
Average
35.04%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics