Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 30.72%
March 31, 2024 30.36%
December 31, 2023 30.93%
September 30, 2023 30.68%
June 30, 2023 31.51%
March 31, 2023 34.21%
December 31, 2022 32.67%
September 30, 2022 32.36%
June 30, 2022 32.90%
March 31, 2022 34.36%
December 31, 2021 33.22%
September 30, 2021 32.87%
June 30, 2021 34.12%
March 31, 2021 35.35%
December 31, 2020 28.66%
September 30, 2020 28.93%
June 30, 2020 24.11%
March 31, 2020 27.25%
December 31, 2019 34.93%
September 30, 2019 32.42%
June 30, 2019 33.64%
March 31, 2019 33.73%
December 31, 2018 34.28%
September 30, 2018 32.87%
June 30, 2018 34.11%
Date Value
March 31, 2018 34.39%
December 31, 2017 34.84%
September 30, 2017 33.36%
June 30, 2017 34.62%
March 31, 2017 35.04%
December 31, 2016 35.74%
September 30, 2016 33.78%
June 30, 2016 35.01%
March 31, 2016 35.89%
December 31, 2015 35.65%
September 30, 2015 35.40%
June 30, 2015 35.70%
March 31, 2015 36.07%
December 31, 2014 34.80%
September 30, 2014 33.28%
June 30, 2014 35.63%
March 31, 2014 35.56%
December 31, 2013 34.88%
September 30, 2013 34.54%
June 30, 2013 36.44%
March 31, 2013 34.90%
December 31, 2012 34.71%
September 30, 2012 34.32%
June 30, 2012 35.32%
March 31, 2012 22.46%

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

24.11%
Minimum
Jun 2020
35.35%
Maximum
Mar 2021
31.59%
Average
32.36%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics