Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 23.15%
June 30, 2024 21.09%
March 31, 2024 18.71%
December 31, 2023 21.16%
September 30, 2023 21.32%
June 30, 2023 22.78%
March 31, 2023 21.83%
December 31, 2022 22.76%
September 30, 2022 24.38%
June 30, 2022 26.32%
March 31, 2022 24.96%
December 31, 2021 24.96%
September 30, 2021 25.53%
June 30, 2021 23.87%
March 31, 2021 22.34%
December 31, 2020 19.44%
September 30, 2020 20.39%
June 30, 2020 21.13%
March 31, 2020 21.36%
December 31, 2019 22.28%
September 30, 2019 23.50%
June 30, 2019 24.31%
March 31, 2019 24.31%
December 31, 2018 24.36%
September 30, 2018 24.49%
Date Value
June 30, 2018 23.80%
March 31, 2018 21.06%
December 31, 2017 22.05%
September 30, 2017 24.21%
June 30, 2017 23.00%
March 31, 2017 22.01%
December 31, 2016 22.18%
September 30, 2016 22.20%
June 30, 2016 22.58%
March 31, 2016 21.34%
December 31, 2015 20.50%
September 30, 2015 22.32%
June 30, 2015 21.85%
March 31, 2015 19.43%
December 31, 2014 20.71%
September 30, 2014 21.09%
June 30, 2014 21.17%
March 31, 2014 21.06%
December 31, 2013 20.52%
September 30, 2013 26.92%
June 30, 2013 24.40%
March 31, 2013 24.53%
December 31, 2012 22.95%
September 30, 2012 22.47%
June 30, 2012 22.19%

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

18.71%
Minimum
Mar 2024
26.32%
Maximum
Jun 2022
22.49%
Average
22.31%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics