Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 34.00%
June 30, 2024 36.09%
March 31, 2024 33.29%
December 31, 2023 33.84%
September 30, 2023 33.89%
June 30, 2023 36.15%
March 31, 2023 34.28%
December 31, 2022 34.00%
September 30, 2022 35.24%
June 30, 2022 37.90%
March 31, 2022 33.43%
December 31, 2021 35.07%
September 30, 2021 36.36%
June 30, 2021 35.82%
March 31, 2021 30.99%
December 31, 2020 32.93%
September 30, 2020 33.26%
June 30, 2020 34.99%
March 31, 2020 31.06%
December 31, 2019 31.78%
Date Value
September 30, 2019 32.97%
June 30, 2019 34.29%
March 31, 2019 31.15%
December 31, 2018 31.33%
September 30, 2018 33.02%
June 30, 2018 33.43%
March 31, 2018 29.21%
December 31, 2017 31.73%
September 30, 2017 31.91%
June 30, 2017 33.26%
March 31, 2017 30.12%
December 31, 2016 30.88%
September 30, 2016 31.14%
June 30, 2016 32.82%
March 31, 2016 29.53%
December 31, 2015 30.78%
September 30, 2015 29.27%
June 30, 2015 30.63%
March 31, 2015 25.95%

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

30.99%
Minimum
Mar 2021
37.90%
Maximum
Jun 2022
34.22%
Average
34.00%
Median

Gross Profit Margin (Quarterly) Benchmarks