Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 18.50%
March 31, 2024 19.32%
December 31, 2023 16.58%
September 30, 2023 17.65%
June 30, 2023 18.13%
March 31, 2023 17.04%
December 31, 2022 17.28%
September 30, 2022 16.61%
June 30, 2022 19.07%
March 31, 2022 15.73%
December 31, 2021 18.54%
September 30, 2021 18.34%
June 30, 2021 18.48%
March 31, 2021 18.35%
December 31, 2020 20.18%
September 30, 2020 19.23%
June 30, 2020 19.91%
March 31, 2020 17.93%
December 31, 2019 20.31%
September 30, 2019 19.94%
June 30, 2019 18.67%
March 31, 2019 17.05%
December 31, 2018 17.48%
September 30, 2018 17.25%
June 30, 2018 15.85%
Date Value
March 31, 2018 14.37%
December 31, 2017 13.56%
September 30, 2017 12.61%
June 30, 2017 10.75%
March 31, 2017 9.84%
December 31, 2016 8.16%
September 30, 2016 7.79%
June 30, 2016 7.80%
March 31, 2016 7.62%
December 31, 2015 7.73%
September 30, 2015 8.08%
June 30, 2015 8.07%
March 31, 2015 8.21%
December 31, 2014 7.64%
September 30, 2014 8.20%
June 30, 2014 8.25%
March 31, 2014 8.73%
December 31, 2013 4.86%
September 30, 2013 9.22%
June 30, 2013 72.98%
March 31, 2013 87.34%
September 30, 2012 79.07%
June 30, 2012 72.48%
March 31, 2012 89.93%
December 31, 2011 71.24%

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

15.73%
Minimum
Mar 2022
20.31%
Maximum
Dec 2019
18.27%
Average
18.35%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics