Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 29.42%
June 30, 2024 29.81%
March 31, 2024 30.95%
December 31, 2023 30.61%
September 30, 2023 29.73%
June 30, 2023 31.51%
March 31, 2023 30.92%
December 31, 2022 31.29%
September 30, 2022 29.17%
June 30, 2022 31.94%
March 31, 2022 30.92%
December 31, 2021 31.17%
September 30, 2021 31.48%
June 30, 2021 31.65%
March 31, 2021 33.60%
December 31, 2020 32.97%
September 30, 2020 32.42%
June 30, 2020 30.44%
March 31, 2020 30.34%
December 31, 2019 32.45%
September 30, 2019 30.33%
June 30, 2019 29.60%
March 31, 2019 29.32%
December 31, 2018 25.22%
September 30, 2018 28.05%
Date Value
June 30, 2018 30.70%
March 31, 2018 29.74%
December 31, 2017 28.56%
September 30, 2017 27.98%
June 30, 2017 28.37%
March 31, 2017 29.83%
December 31, 2016 29.78%
September 30, 2016 29.96%
June 30, 2016 31.09%
March 31, 2016 29.44%
December 31, 2015 28.72%
September 30, 2015 27.92%
June 30, 2015 27.06%
March 31, 2015 25.65%
December 31, 2014 24.15%
September 30, 2014 25.07%
June 30, 2014 25.73%
March 31, 2014 25.35%
December 31, 2013 26.19%
September 30, 2013 26.31%
June 30, 2013 25.39%
March 31, 2013 26.11%
December 31, 2012 27.76%
September 30, 2012 26.04%
June 30, 2012 25.77%

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

29.17%
Minimum
Sep 2022
33.60%
Maximum
Mar 2021
31.14%
Average
31.06%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics