Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 8.34%
March 31, 2024 8.44%
December 31, 2023 8.58%
September 30, 2023 8.45%
June 30, 2023 8.30%
March 31, 2023 8.24%
December 31, 2022 8.29%
September 30, 2022 7.74%
June 30, 2022 8.02%
March 31, 2022 7.65%
December 31, 2021 8.04%
September 30, 2021 6.49%
June 30, 2021 8.24%
March 31, 2021 8.42%
December 31, 2020 8.05%
September 30, 2020 7.69%
June 30, 2020 7.95%
March 31, 2020 6.75%
December 31, 2019 7.33%
September 30, 2019 7.49%
June 30, 2019 7.29%
March 31, 2019 7.20%
December 31, 2018 6.83%
September 30, 2018 6.45%
June 30, 2018 6.54%
Date Value
March 31, 2018 6.85%
December 31, 2017 6.27%
September 30, 2017 7.06%
June 30, 2017 7.64%
March 31, 2017 7.92%
December 31, 2016 7.68%
September 30, 2016 7.64%
June 30, 2016 7.59%
March 31, 2016 8.49%
December 31, 2015 8.06%
September 30, 2015 7.44%
June 30, 2015 7.83%
March 31, 2015 7.55%
December 31, 2014 7.56%
September 30, 2014 7.81%
June 30, 2014 7.91%
March 31, 2014 8.06%
December 31, 2013 7.65%
September 30, 2013 7.66%
June 30, 2013 7.67%
March 31, 2013 7.03%
December 31, 2012 6.48%
September 30, 2012 7.30%
June 30, 2012 6.79%
March 31, 2012 7.27%

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

6.49%
Minimum
Sep 2021
8.58%
Maximum
Dec 2023
7.95%
Average
8.05%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks