Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 34.12%
March 31, 2024 39.09%
December 31, 2023 35.72%
September 30, 2023 31.42%
June 30, 2023 27.10%
March 31, 2023 29.30%
December 31, 2022 38.19%
September 30, 2022 39.82%
June 30, 2022 43.61%
March 31, 2022 39.31%
December 31, 2021 44.06%
September 30, 2021 40.47%
June 30, 2021 42.28%
March 31, 2021
December 31, 2020 42.65%
September 30, 2020 30.91%
June 30, 2020 33.23%
March 31, 2020 44.57%
December 31, 2019 47.21%
September 30, 2019 43.18%
June 30, 2019 43.87%
March 31, 2019 46.88%
December 31, 2018 45.49%
September 30, 2018 41.30%
June 30, 2018 43.21%
Date Value
March 31, 2018 38.23%
December 31, 2017 42.00%
September 30, 2017 37.26%
June 30, 2017 42.17%
March 31, 2017 40.74%
December 31, 2016 42.01%
September 30, 2016 37.16%
June 30, 2016 44.67%
March 31, 2016 49.94%
December 31, 2015 51.66%
September 30, 2015 50.12%
June 30, 2015 52.37%
March 31, 2015 48.12%
December 31, 2014 43.99%
September 30, 2014 42.15%
June 30, 2014 37.80%
March 31, 2014 46.19%
December 31, 2013 35.21%
September 30, 2013 36.91%
June 30, 2013 42.11%
March 31, 2013 41.02%
December 31, 2012 49.82%
September 30, 2012 46.10%
June 30, 2012 56.15%
March 31, 2012 74.25%

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

27.10%
Minimum
Jun 2023
47.21%
Maximum
Dec 2019
37.95%
Average
39.20%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics