Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 32.66%
March 31, 2024 28.00%
December 31, 2023 29.74%
September 30, 2023 32.02%
June 30, 2023 31.13%
March 31, 2023 27.55%
December 31, 2022 28.94%
September 30, 2022 29.71%
June 30, 2022 30.43%
March 31, 2022 26.78%
December 31, 2021 31.13%
September 30, 2021 31.81%
June 30, 2021 31.73%
March 31, 2021 27.01%
December 31, 2020 30.02%
September 30, 2020 31.76%
June 30, 2020 31.22%
March 31, 2020 28.43%
December 31, 2019 30.88%
September 30, 2019 33.38%
June 30, 2019 32.60%
March 31, 2019 28.71%
December 31, 2018 36.65%
September 30, 2018 32.31%
June 30, 2018 31.49%
Date Value
March 31, 2018 27.70%
December 31, 2017 29.61%
September 30, 2017 32.30%
June 30, 2017 31.32%
March 31, 2017 28.28%
December 31, 2016 34.55%
September 30, 2016 36.30%
June 30, 2016 35.09%
March 31, 2016 33.62%
December 31, 2015 33.84%
September 30, 2015 35.22%
June 30, 2015 34.14%
March 31, 2015 31.94%
December 31, 2014 34.29%
September 30, 2014 35.84%
June 30, 2014 35.76%
March 31, 2014 34.68%
December 31, 2013 34.13%
September 30, 2013 36.61%
June 30, 2013 35.95%
March 31, 2013 34.54%
December 31, 2012 36.10%
September 30, 2012 37.20%
June 30, 2012 36.67%
March 31, 2012 35.50%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

26.78%
Minimum
Mar 2022
32.66%
Maximum
Jun 2024
30.05%
Average
30.43%
Median
Jun 2022