Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 46.54%
March 31, 2024 41.53%
December 31, 2023 38.21%
September 30, 2023 46.28%
June 30, 2023 44.86%
March 31, 2023 37.70%
December 31, 2022 33.47%
September 30, 2022 41.63%
June 30, 2022 41.58%
March 31, 2022 38.27%
December 31, 2021 35.62%
September 30, 2021 37.32%
June 30, 2021 36.06%
March 31, 2021 32.23%
December 31, 2020 31.73%
September 30, 2020 38.63%
June 30, 2020 32.83%
March 31, 2020 32.24%
December 31, 2019 31.27%
September 30, 2019 31.73%
June 30, 2019 27.67%
March 31, 2019 30.95%
December 31, 2018 27.17%
September 30, 2018 32.33%
June 30, 2018 28.62%
Date Value
March 31, 2018 30.14%
December 31, 2017 32.72%
September 30, 2017 30.16%
June 30, 2017 29.46%
March 31, 2017 30.82%
December 31, 2016 32.69%
September 30, 2016 30.08%
June 30, 2016 28.72%
March 31, 2016 29.58%
December 31, 2015 30.16%
September 30, 2015 29.55%
June 30, 2015 27.40%
March 31, 2015 27.37%
December 31, 2014 29.11%
September 30, 2014 26.44%
June 30, 2014 23.32%
March 31, 2014 29.12%
December 31, 2013 51.20%
September 30, 2013 24.46%
June 30, 2013 21.56%
March 31, 2013 27.00%
December 31, 2012 83.56%
September 30, 2012 25.40%
June 30, 2012 21.66%
March 31, 2012 22.74%

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

31.27%
Minimum
Dec 2019
46.54%
Maximum
Jun 2024
37.79%
Average
37.70%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics