Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 16.92%
March 31, 2024 17.10%
December 31, 2023 16.47%
September 30, 2023 16.71%
June 30, 2023 16.37%
March 31, 2023 15.87%
December 31, 2022 14.54%
September 30, 2022 13.65%
June 30, 2022 14.52%
March 31, 2022 13.67%
December 31, 2021 21.97%
September 30, 2021 11.19%
June 30, 2021 11.40%
March 31, 2021 14.46%
December 31, 2020 21.86%
September 30, 2020 14.61%
June 30, 2020 6.22%
March 31, 2020 14.71%
December 31, 2019 16.42%
September 30, 2019 16.48%
June 30, 2019 15.94%
March 31, 2019 15.54%
December 31, 2018 16.61%
September 30, 2018 15.91%
June 30, 2018 16.91%
Date Value
March 31, 2018 16.05%
December 31, 2017 16.75%
September 30, 2017 16.10%
June 30, 2017 17.04%
March 31, 2017 16.00%
December 31, 2016 14.60%
September 30, 2016 17.36%
June 30, 2016 16.48%
March 31, 2016 14.57%
December 31, 2015 15.57%
September 30, 2015 17.10%
June 30, 2015 16.01%
March 31, 2015 15.59%
December 31, 2014 15.25%
September 30, 2014 17.59%
June 30, 2014 17.77%
March 31, 2014 17.62%
December 31, 2013 15.29%
September 30, 2013 17.99%
June 30, 2013 18.71%
March 31, 2013 18.23%
December 31, 2012 17.59%
September 30, 2012 19.00%
June 30, 2012 18.10%
March 31, 2012 18.59%

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

6.22%
Minimum
Jun 2020
21.97%
Maximum
Dec 2021
15.19%
Average
14.71%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks