Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 41.47%
March 31, 2024 40.70%
December 31, 2023 41.34%
September 30, 2023 42.09%
June 30, 2023 42.64%
March 31, 2023 42.06%
December 31, 2022 42.22%
September 30, 2022 41.22%
June 30, 2022 40.70%
March 31, 2022 40.72%
December 31, 2021 41.20%
September 30, 2021 41.61%
June 30, 2021 42.74%
March 31, 2021 38.53%
December 31, 2020 38.34%
September 30, 2020 40.33%
June 30, 2020 39.13%
March 31, 2020 37.16%
December 31, 2019 37.73%
September 30, 2019 39.00%
June 30, 2019 37.81%
March 31, 2019 38.92%
December 31, 2018 40.61%
September 30, 2018 38.22%
June 30, 2018 37.34%
Date Value
March 31, 2018 36.18%
December 31, 2017 41.71%
September 30, 2017 37.60%
June 30, 2017 37.26%
March 31, 2017 36.22%
December 31, 2016 38.71%
September 30, 2016 37.83%
June 30, 2016 37.20%
March 31, 2016 35.28%
December 31, 2015 36.08%
September 30, 2015 35.98%
June 30, 2015 35.89%
March 31, 2015 34.38%
December 31, 2014 34.29%
September 30, 2014 34.72%
June 30, 2014 36.20%
March 31, 2014 35.57%
December 31, 2013 37.77%
September 30, 2013 35.39%
June 30, 2013 37.15%
March 31, 2013 36.78%
December 31, 2012 39.34%
September 30, 2012 36.77%
June 30, 2012 36.11%
March 31, 2012 36.13%

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

37.16%
Minimum
Mar 2020
42.74%
Maximum
Jun 2021
40.63%
Average
41.20%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics