Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 33.86%
March 31, 2024 31.83%
December 31, 2023 33.43%
September 30, 2023 32.68%
June 30, 2023 31.24%
March 31, 2023 29.80%
December 31, 2022 29.63%
September 30, 2022 28.16%
June 30, 2022 28.52%
March 31, 2022 24.12%
December 31, 2021 26.31%
September 30, 2021 26.40%
June 30, 2021 26.21%
March 31, 2021 18.37%
December 31, 2020 17.72%
September 30, 2020 16.83%
June 30, 2020 6.27%
March 31, 2020 20.54%
December 31, 2019 28.31%
September 30, 2019 28.22%
June 30, 2019 28.42%
March 31, 2019 26.26%
December 31, 2018 27.77%
September 30, 2018 29.06%
Date Value
June 30, 2018 31.09%
March 31, 2018 29.13%
December 31, 2017 29.90%
September 30, 2017 30.32%
June 30, 2017 31.13%
March 31, 2017 29.90%
December 31, 2016 30.85%
September 30, 2016 30.86%
June 30, 2016 31.82%
March 31, 2016 30.00%
December 31, 2015 30.60%
September 30, 2015 30.47%
June 30, 2015 31.27%
March 31, 2015 29.70%
December 31, 2014 29.35%
September 30, 2014 31.17%
June 30, 2014 31.21%
March 31, 2014 28.91%
December 31, 2013 29.72%
September 30, 2013 31.39%
June 30, 2013 32.50%
March 31, 2013 29.44%
December 31, 2012 30.01%
September 30, 2012 31.08%

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

6.27%
Minimum
Jun 2020
33.86%
Maximum
Jun 2024
25.80%
Average
28.16%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks

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