Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 19.90%
June 30, 2024 21.04%
March 31, 2024 21.15%
December 31, 2023 24.57%
September 30, 2023 20.74%
June 30, 2023 21.25%
March 31, 2023 21.84%
December 31, 2022 22.00%
September 30, 2022 23.09%
June 30, 2022 22.50%
March 31, 2022 22.67%
December 31, 2021 23.85%
September 30, 2021 23.16%
June 30, 2021 22.63%
Date Value
March 31, 2021 23.51%
December 31, 2020 23.84%
September 30, 2020 21.46%
June 30, 2020 23.50%
March 31, 2020 20.74%
December 31, 2019 20.42%
September 30, 2019 21.96%
June 30, 2019 20.71%
March 31, 2019 21.03%
December 31, 2018 20.25%
September 30, 2018 19.79%
June 30, 2018 25.81%
March 31, 2018 20.10%

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

19.90%
Minimum
Sep 2024
24.57%
Maximum
Dec 2023
22.19%
Average
22.25%
Median

Gross Profit Margin (Quarterly) Benchmarks