Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 26.55%
March 31, 2024 27.34%
December 31, 2023 27.30%
September 30, 2023 26.47%
June 30, 2023 26.39%
March 31, 2023 26.40%
December 31, 2022 25.65%
September 30, 2022 24.69%
June 30, 2022 23.05%
March 31, 2022 25.46%
December 31, 2021 26.68%
September 30, 2021 27.86%
June 30, 2021 29.84%
March 31, 2021 36.22%
December 31, 2020 36.60%
September 30, 2020 37.77%
June 30, 2020 37.19%
March 31, 2020 32.78%
Date Value
December 31, 2019 33.98%
September 30, 2019 32.05%
June 30, 2019 31.45%
March 31, 2019 31.75%
December 31, 2018 31.14%
September 30, 2018 28.77%
June 30, 2018 27.52%
March 31, 2018 31.00%
December 31, 2017 30.44%
September 30, 2017 28.99%
June 30, 2017 30.43%
March 31, 2017 29.32%
December 31, 2016 32.98%
September 30, 2016 30.81%
June 30, 2016 31.23%
March 31, 2016 21.84%
December 31, 2015 20.83%

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

23.05%
Minimum
Jun 2022
37.77%
Maximum
Sep 2020
29.38%
Average
27.30%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks