Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 28.13%
March 31, 2024 26.92%
December 31, 2023 27.52%
September 30, 2023 26.83%
June 30, 2023 27.22%
March 31, 2023 26.99%
December 31, 2022 27.63%
September 30, 2022 26.58%
June 30, 2022 27.70%
March 31, 2022 29.08%
December 31, 2021 27.65%
September 30, 2021 28.14%
June 30, 2021 26.13%
March 31, 2021 25.93%
December 31, 2020 28.18%
Date Value
September 30, 2020 27.17%
June 30, 2020 22.93%
March 31, 2020 24.09%
December 31, 2019 24.00%
September 30, 2019 25.20%
June 30, 2019 26.01%
March 31, 2019 27.30%
December 31, 2018 30.73%
September 30, 2018 28.92%
June 30, 2018 28.93%
March 31, 2018 29.44%
December 31, 2017 29.86%
September 30, 2017 29.17%
June 30, 2017 28.10%

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.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

22.93%
Minimum
Jun 2020
29.08%
Maximum
Mar 2022
26.78%
Average
27.17%
Median
Sep 2020