Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 45.80%
March 31, 2024 35.33%
December 31, 2023 33.71%
September 30, 2023 47.21%
June 30, 2023 38.93%
March 31, 2023 31.79%
December 31, 2022 27.97%
September 30, 2022 45.01%
June 30, 2022 43.71%
March 31, 2022 38.28%
December 31, 2021 35.04%
September 30, 2021 49.56%
June 30, 2021 50.06%
March 31, 2021 38.51%
December 31, 2020 33.25%
September 30, 2020 52.96%
June 30, 2020 50.76%
March 31, 2020 38.08%
December 31, 2019 32.22%
September 30, 2019 51.00%
June 30, 2019 45.97%
March 31, 2019 35.69%
December 31, 2018 35.47%
September 30, 2018 49.81%
June 30, 2018 46.06%
Date Value
March 31, 2018 33.19%
December 31, 2017 37.47%
September 30, 2017 54.26%
June 30, 2017 49.65%
March 31, 2017 35.30%
December 31, 2016 36.16%
September 30, 2016 52.55%
June 30, 2016 43.51%
March 31, 2016 31.41%
December 31, 2015 38.08%
September 30, 2015 51.27%
June 30, 2015 44.71%
March 31, 2015 34.72%
December 31, 2014 28.79%
September 30, 2014 48.34%
June 30, 2014 44.60%
March 31, 2014 32.58%
December 31, 2013 32.07%
September 30, 2013 49.30%
June 30, 2013 44.65%
March 31, 2013 33.89%
December 31, 2012 35.36%
September 30, 2012 52.80%
June 30, 2012 45.26%
March 31, 2012 31.20%

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

27.97%
Minimum
Dec 2022
52.96%
Maximum
Sep 2020
40.43%
Average
38.51%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks