Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 23.03%
March 31, 2024 22.78%
December 31, 2023 20.64%
September 30, 2023 24.25%
June 30, 2023 23.55%
March 31, 2023 22.23%
December 31, 2022 20.30%
September 30, 2022 22.44%
June 30, 2022 22.72%
March 31, 2022 22.39%
December 31, 2021 21.56%
September 30, 2021 23.10%
June 30, 2021 22.71%
March 31, 2021 22.28%
December 31, 2020 21.54%
September 30, 2020 22.76%
June 30, 2020 23.28%
March 31, 2020 22.02%
December 31, 2019 22.48%
September 30, 2019 22.03%
June 30, 2019 22.14%
March 31, 2019 21.34%
December 31, 2018 21.08%
September 30, 2018 21.74%
June 30, 2018 21.23%
Date Value
March 31, 2018 23.69%
December 31, 2017 22.45%
September 30, 2017 23.11%
June 30, 2017 23.14%
March 31, 2017 24.51%
December 31, 2016 23.89%
September 30, 2016 24.51%
June 30, 2016 24.06%
March 31, 2016 24.14%
December 31, 2015 24.90%
September 30, 2015 26.50%
June 30, 2015 25.65%
March 31, 2015 25.62%
December 31, 2014 22.95%
September 30, 2014 23.58%
June 30, 2014 23.24%
March 31, 2014 22.06%
December 31, 2013 23.07%
September 30, 2013 24.16%
June 30, 2013 23.60%
March 31, 2013 23.30%
December 31, 2012 22.20%
September 30, 2012 22.63%
June 30, 2012 23.14%
March 31, 2012 23.19%

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

20.30%
Minimum
Dec 2022
24.25%
Maximum
Sep 2023
22.42%
Average
22.48%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics