Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 37.49%
March 31, 2024 36.00%
December 31, 2023 34.28%
September 30, 2023 34.54%
June 30, 2023 33.82%
March 31, 2023 34.04%
December 31, 2022 31.22%
September 30, 2022 31.80%
June 30, 2022 34.15%
March 31, 2022 31.89%
December 31, 2021 31.48%
September 30, 2021 32.41%
June 30, 2021 33.53%
March 31, 2021 33.37%
December 31, 2020 33.26%
September 30, 2020 35.88%
June 30, 2020 34.57%
March 31, 2020 34.09%
December 31, 2019 35.34%
September 30, 2019 33.32%
June 30, 2019 34.09%
March 31, 2019 30.93%
December 31, 2018 31.23%
September 30, 2018 33.19%
June 30, 2018 33.79%
Date Value
March 31, 2018 33.09%
December 31, 2017 36.30%
September 30, 2017 34.93%
June 30, 2017 32.94%
March 31, 2017 34.25%
December 31, 2016 35.93%
September 30, 2016 34.44%
June 30, 2016 32.56%
March 31, 2016 32.30%
December 31, 2015 32.75%
September 30, 2015 30.55%
June 30, 2015 30.55%
March 31, 2015 30.00%
December 31, 2014 30.94%
September 30, 2014 31.23%
June 30, 2014 30.55%
March 31, 2014 29.19%
December 31, 2013 28.68%
September 30, 2013 29.59%
June 30, 2013 30.48%
March 31, 2013 28.68%
December 31, 2012 26.45%
September 30, 2012 26.12%
June 30, 2012 27.90%
March 31, 2012 27.78%

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

31.22%
Minimum
Dec 2022
37.49%
Maximum
Jun 2024
33.85%
Average
34.04%
Median
Mar 2023