Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 41.93%
June 30, 2024 41.14%
March 31, 2024 40.88%
December 31, 2023 40.91%
September 30, 2023 40.29%
June 30, 2023 40.30%
March 31, 2023 39.41%
December 31, 2022 38.20%
September 30, 2022 39.01%
June 30, 2022 39.49%
March 31, 2022 40.62%
December 31, 2021 38.71%
September 30, 2021 40.56%
June 30, 2021 41.32%
March 31, 2021 40.91%
December 31, 2020 39.87%
September 30, 2020 40.31%
June 30, 2020 40.19%
March 31, 2020 39.31%
December 31, 2019 40.08%
September 30, 2019 38.37%
June 30, 2019 37.93%
March 31, 2019 39.04%
December 31, 2018 39.70%
September 30, 2018 38.52%
Date Value
June 30, 2018 37.36%
March 31, 2018 39.45%
December 31, 2017 37.77%
September 30, 2017 38.33%
June 30, 2017 38.36%
March 31, 2017 37.98%
December 31, 2016 38.41%
September 30, 2016 38.71%
June 30, 2016 38.71%
March 31, 2016 38.57%
December 31, 2015 38.71%
September 30, 2015 40.69%
June 30, 2015 38.55%
March 31, 2015 39.88%
December 31, 2014 30.90%
September 30, 2014 38.22%
June 30, 2014 38.23%
March 31, 2014 36.23%
December 31, 2013 40.04%
September 30, 2013 39.15%
June 30, 2013 33.23%
March 31, 2013 38.80%
December 31, 2012 36.72%
September 30, 2012 37.44%
June 30, 2012 39.90%

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

38.20%
Minimum
Dec 2022
41.93%
Maximum
Sep 2024
40.17%
Average
40.30%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics