Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 35.67%
March 31, 2024 37.09%
December 31, 2023 34.43%
September 30, 2023 34.15%
June 30, 2023 35.51%
March 31, 2023 35.66%
December 31, 2022 37.57%
September 30, 2022 38.88%
June 30, 2022 35.79%
March 31, 2022 35.25%
December 31, 2021 33.19%
September 30, 2021 37.84%
June 30, 2021 39.79%
March 31, 2021 40.09%
December 31, 2020 36.80%
September 30, 2020 37.01%
June 30, 2020 32.35%
March 31, 2020 34.67%
December 31, 2019 30.20%
September 30, 2019 35.37%
June 30, 2019 33.45%
Date Value
March 31, 2019 32.19%
December 31, 2018 30.62%
September 30, 2018 32.83%
June 30, 2018 32.34%
March 31, 2018 26.30%
December 31, 2017 30.35%
September 30, 2017 31.88%
June 30, 2017 30.39%
March 31, 2017 28.74%
December 31, 2016 30.33%
September 30, 2016 35.79%
June 30, 2016 30.80%
March 31, 2016 34.37%
December 31, 2015 33.59%
September 30, 2015 39.97%
June 30, 2015 37.51%
March 31, 2015 32.99%
December 31, 2014 33.31%
September 30, 2014 34.46%
June 30, 2014 29.22%
March 31, 2014 24.09%

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

30.20%
Minimum
Dec 2019
40.09%
Maximum
Mar 2021
35.89%
Average
35.67%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics