Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 19.19%
March 31, 2024 18.26%
December 31, 2023 22.85%
September 30, 2023 19.86%
June 30, 2023 19.86%
March 31, 2023 21.96%
December 31, 2022 20.72%
September 30, 2022 18.39%
June 30, 2022 19.10%
March 31, 2022 20.05%
December 31, 2021 17.74%
September 30, 2021 18.70%
June 30, 2021 17.87%
March 31, 2021 20.06%
December 31, 2020 19.39%
September 30, 2020 20.41%
June 30, 2020 19.38%
March 31, 2020 19.22%
December 31, 2019 19.72%
September 30, 2019 18.83%
June 30, 2019 20.61%
March 31, 2019 18.61%
December 31, 2018 21.49%
September 30, 2018 20.28%
June 30, 2018 17.67%
Date Value
March 31, 2018 17.83%
December 31, 2017 21.96%
September 30, 2017 18.03%
June 30, 2017 20.97%
March 31, 2017 20.18%
December 31, 2016 20.36%
September 30, 2016 21.76%
June 30, 2016 23.63%
March 31, 2016 23.18%
December 31, 2015 26.24%
September 30, 2015 23.75%
June 30, 2015 24.33%
March 31, 2015 23.62%
December 31, 2014 28.44%
September 30, 2014 23.56%
June 30, 2014 24.90%
March 31, 2014 22.22%
December 31, 2013 27.35%
September 30, 2013 23.51%
June 30, 2013 23.96%
March 31, 2013 23.24%
December 31, 2012 26.90%
September 30, 2012 24.90%
June 30, 2012 27.56%
March 31, 2012 27.41%

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

17.74%
Minimum
Dec 2021
22.85%
Maximum
Dec 2023
19.62%
Average
19.39%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics