Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 37.79%
March 31, 2024 40.52%
December 31, 2023 36.36%
September 30, 2023 29.64%
June 30, 2023 36.07%
March 31, 2023 33.73%
December 31, 2022 34.39%
September 30, 2022 34.39%
June 30, 2022 32.98%
March 31, 2022 28.03%
December 31, 2021 30.86%
September 30, 2021 24.90%
June 30, 2021 30.64%
March 31, 2021 31.45%
December 31, 2020 31.38%
September 30, 2020 28.43%
June 30, 2020 33.07%
March 31, 2020 35.07%
December 31, 2019 30.47%
September 30, 2019 24.55%
June 30, 2019 26.78%
March 31, 2019 24.58%
December 31, 2018 22.31%
September 30, 2018 32.98%
June 30, 2018 33.21%
Date Value
March 31, 2018 33.14%
December 31, 2017 27.73%
September 30, 2017 36.51%
June 30, 2017 32.96%
March 31, 2017 37.00%
December 31, 2016 36.79%
September 30, 2016 27.73%
June 30, 2016 26.39%
March 31, 2016 19.93%
December 31, 2015 21.17%
September 30, 2015 26.33%
June 30, 2015 31.73%
March 31, 2015 18.00%
December 31, 2014 24.37%
September 30, 2014 35.15%
June 30, 2014 27.20%
March 31, 2014 26.27%
December 31, 2013 21.84%
September 30, 2013 19.50%
June 30, 2013 30.51%
March 31, 2013 27.37%
December 31, 2012 15.40%
September 30, 2012 30.96%
June 30, 2012 29.86%
March 31, 2012 29.42%

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

24.90%
Minimum
Sep 2021
40.52%
Maximum
Mar 2024
32.64%
Average
32.98%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks