Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 11.88%
March 31, 2024 13.42%
December 31, 2023 9.51%
September 30, 2023 15.91%
June 30, 2023 10.30%
March 31, 2023 12.21%
December 31, 2022 8.79%
September 30, 2022 9.25%
June 30, 2022 18.94%
March 31, 2022 17.54%
December 31, 2021 14.08%
September 30, 2021 17.13%
June 30, 2021 17.99%
March 31, 2021 18.40%
December 31, 2020 14.88%
September 30, 2020 13.76%
June 30, 2020 11.22%
March 31, 2020 3.59%
December 31, 2019 10.48%
September 30, 2019 11.00%
June 30, 2019 11.39%
March 31, 2019 12.59%
December 31, 2018 9.23%
September 30, 2018 14.05%
June 30, 2018 15.78%
Date Value
March 31, 2018 14.92%
December 31, 2017 16.90%
September 30, 2017 16.19%
June 30, 2017 13.18%
March 31, 2017 15.17%
December 31, 2016 15.33%
September 30, 2016 13.84%
June 30, 2016 15.78%
March 31, 2016 14.12%
December 31, 2015 11.33%
September 30, 2015 9.13%
June 30, 2015 13.24%
March 31, 2015 10.27%
December 31, 2014 3.92%
September 30, 2014 9.48%
June 30, 2014 11.26%
March 31, 2014 10.03%
December 31, 2013 7.74%
September 30, 2013 7.72%
June 30, 2013 8.25%
March 31, 2013 7.88%
December 31, 2012 7.86%
September 30, 2012 8.50%
June 30, 2012 8.63%
March 31, 2012 8.36%

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

3.59%
Minimum
Mar 2020
18.94%
Maximum
Jun 2022
13.12%
Average
13.42%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks