Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 37.94%
September 30, 2023 37.86%
June 30, 2023 37.22%
March 31, 2023 30.36%
December 31, 2022 36.58%
September 30, 2022 38.70%
June 30, 2022 36.04%
March 31, 2022 37.34%
December 31, 2021 37.61%
September 30, 2021 37.94%
June 30, 2021 38.42%
March 31, 2021 37.98%
December 31, 2020 40.49%
September 30, 2020 37.10%
June 30, 2020 38.47%
Date Value
March 31, 2020 40.73%
December 31, 2019 38.14%
September 30, 2019 39.72%
June 30, 2019 38.58%
March 31, 2019 41.04%
December 31, 2018 40.41%
September 30, 2018 41.01%
June 30, 2018 38.67%
March 31, 2018 41.66%
December 31, 2017 41.53%
September 30, 2017 42.17%
June 30, 2017 40.94%
March 31, 2017 40.90%
December 31, 2016 42.50%

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.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

30.36%
Minimum
Mar 2023
40.73%
Maximum
Mar 2020
37.75%
Average
37.94%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks