Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 26.93%
March 31, 2024 23.67%
December 31, 2023 26.98%
September 30, 2023 27.41%
June 30, 2023 24.11%
March 31, 2023 22.75%
December 31, 2022 30.60%
September 30, 2022 31.91%
June 30, 2022 34.25%
March 31, 2022 26.07%
December 31, 2021 26.73%
September 30, 2021 28.75%
June 30, 2021 27.47%
March 31, 2021 23.48%
December 31, 2020 28.19%
September 30, 2020 30.16%
June 30, 2020 26.06%
March 31, 2020 25.74%
December 31, 2019 27.58%
September 30, 2019 29.64%
June 30, 2019 29.92%
March 31, 2019 23.93%
December 31, 2018 29.01%
September 30, 2018 29.67%
June 30, 2018 28.10%
Date Value
March 31, 2018 25.08%
December 31, 2017 28.03%
September 30, 2017 28.49%
June 30, 2017 26.25%
March 31, 2017 25.95%
December 31, 2016 25.68%
September 30, 2016 24.54%
June 30, 2016 25.78%
March 31, 2016 22.03%
December 31, 2015 26.74%
September 30, 2015 26.28%
June 30, 2015 24.43%
March 31, 2015 22.32%
December 31, 2014 25.56%
September 30, 2014 26.92%
June 30, 2014 25.27%
March 31, 2014 21.18%
December 31, 2013 24.51%
September 30, 2013 23.42%
June 30, 2013 23.85%
March 31, 2013 18.35%
December 31, 2012 22.30%
September 30, 2012 22.51%
June 30, 2012 22.65%
March 31, 2012 17.09%

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

22.75%
Minimum
Mar 2023
34.25%
Maximum
Jun 2022
27.31%
Average
26.98%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks