Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 37.31%
June 30, 2024 36.69%
March 31, 2024 37.87%
December 31, 2023 37.72%
September 30, 2023 38.04%
June 30, 2023 36.87%
March 31, 2023 33.87%
December 31, 2022 28.09%
September 30, 2022 31.36%
June 30, 2022 32.60%
March 31, 2022 29.82%
December 31, 2021 35.66%
September 30, 2021 39.13%
Date Value
June 30, 2021 39.67%
March 31, 2021 41.39%
December 31, 2020 42.00%
September 30, 2020 39.32%
June 30, 2020 40.85%
March 31, 2020 42.27%
December 31, 2019 42.34%
September 30, 2019 42.69%
June 30, 2019 36.04%
March 31, 2019 42.66%
December 31, 2018 42.63%
September 30, 2018 42.09%
June 30, 2018 43.10%

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

28.09%
Minimum
Dec 2022
42.34%
Maximum
Dec 2019
37.14%
Average
37.79%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics