Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 28.37%
March 31, 2024 24.59%
December 31, 2023 24.84%
September 30, 2023 24.91%
June 30, 2023 22.18%
March 31, 2023 19.50%
December 31, 2022 15.34%
September 30, 2022 20.56%
June 30, 2022 14.07%
March 31, 2022 14.93%
December 31, 2021 12.61%
September 30, 2021 17.36%
June 30, 2021 14.82%
March 31, 2021 14.45%
December 31, 2020 17.14%
September 30, 2020 18.93%
June 30, 2020 18.08%
March 31, 2020 19.58%
December 31, 2019 16.27%
September 30, 2019 19.23%
June 30, 2019 17.49%
March 31, 2019 16.22%
December 31, 2018 13.38%
September 30, 2018 17.80%
June 30, 2018 15.05%
Date Value
March 31, 2018 12.24%
December 31, 2017 11.70%
September 30, 2017 11.47%
June 30, 2017 10.54%
March 31, 2017 15.11%
December 31, 2016 13.59%
September 30, 2016 19.78%
June 30, 2016 20.48%
March 31, 2016 19.76%
December 31, 2015 15.44%
September 30, 2015 18.45%
June 30, 2015 18.64%
March 31, 2015 14.28%
December 31, 2014 13.81%
September 30, 2014 15.81%
June 30, 2014 19.66%
March 31, 2014 21.52%
December 31, 2013 20.46%
September 30, 2013 22.67%
June 30, 2013 21.31%
March 31, 2013 20.23%
December 31, 2012 22.06%
September 30, 2012 21.78%
June 30, 2012 22.59%
March 31, 2012 18.86%

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

12.61%
Minimum
Dec 2021
28.37%
Maximum
Jun 2024
18.87%
Average
18.08%
Median
Jun 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics