Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 25.24%
September 30, 2023 25.36%
June 30, 2023 29.42%
March 31, 2023 31.13%
December 31, 2022 31.24%
September 30, 2022 33.45%
June 30, 2022 34.06%
March 31, 2022 32.53%
December 31, 2021 32.47%
September 30, 2021 29.96%
June 30, 2021 28.39%
Date Value
March 31, 2021 32.53%
December 31, 2020 28.32%
September 30, 2020 25.07%
June 30, 2020 24.43%
March 31, 2020 19.68%
December 31, 2019 17.64%
September 30, 2019 19.50%
June 30, 2019 28.56%
December 31, 2018 29.38%
September 30, 2018 31.09%

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

17.64%
Minimum
Dec 2019
34.06%
Maximum
Jun 2022
28.29%
Average
29.42%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks