Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 21.72%
March 31, 2024 35.45%
December 31, 2023 30.08%
September 30, 2023 33.87%
June 30, 2023 35.01%
March 31, 2023 34.39%
December 31, 2022 44.16%
September 30, 2022 32.24%
June 30, 2022 30.07%
March 31, 2022 37.16%
December 31, 2021 28.73%
September 30, 2021 27.35%
June 30, 2021 29.40%
March 31, 2021 33.28%
December 31, 2020 30.68%
September 30, 2020 35.36%
June 30, 2020 29.21%
March 31, 2020 34.41%
December 31, 2019 32.82%
September 30, 2019 38.73%
June 30, 2019 35.64%
March 31, 2019 32.88%
December 31, 2018 24.07%
September 30, 2018 29.66%
June 30, 2018 38.25%
Date Value
March 31, 2018 32.10%
December 31, 2017 36.94%
September 30, 2017 37.59%
June 30, 2017 25.01%
March 31, 2017 28.29%
December 31, 2016 24.67%
September 30, 2016 19.66%
June 30, 2016 33.15%
March 31, 2016 23.98%
December 31, 2015 22.73%
September 30, 2015 15.42%
June 30, 2015 21.88%
March 31, 2015 27.40%
December 31, 2014 16.64%
September 30, 2014 13.50%
June 30, 2014 16.17%
March 31, 2014 22.70%
December 31, 2013 20.38%
September 30, 2013 28.68%
June 30, 2013 35.63%
March 31, 2013 24.23%
December 31, 2012 16.11%
September 30, 2012 22.98%
June 30, 2012 38.42%
March 31, 2012 2.70%

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

21.72%
Minimum
Jun 2024
44.16%
Maximum
Dec 2022
32.39%
Average
32.82%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics