Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 38.85%
March 31, 2024 38.05%
December 31, 2023 35.38%
September 30, 2023 33.00%
June 30, 2023 35.83%
March 31, 2023 29.42%
December 31, 2022 28.31%
September 30, 2022 31.95%
June 30, 2022 33.74%
March 31, 2022 31.64%
December 31, 2021 28.96%
September 30, 2021 34.07%
June 30, 2021 35.31%
March 31, 2021 34.33%
December 31, 2020 34.34%
September 30, 2020 40.12%
June 30, 2020 35.45%
March 31, 2020 35.07%
December 31, 2019 30.88%
September 30, 2019 42.12%
June 30, 2019 35.32%
March 31, 2019 33.69%
December 31, 2018 34.73%
September 30, 2018 35.60%
June 30, 2018 35.23%
Date Value
March 31, 2018 34.67%
December 31, 2017 34.62%
September 30, 2017 31.63%
June 30, 2017 37.11%
March 31, 2017 41.17%
December 31, 2016 39.88%
September 30, 2016 25.83%
June 30, 2016 39.03%
March 31, 2016 41.07%
December 31, 2015 35.66%
September 30, 2015 37.50%
June 30, 2015 33.70%
March 31, 2015 36.15%
December 31, 2014 35.85%
September 30, 2014 -295.6%
June 30, 2014 54.20%
March 31, 2014 49.36%
December 31, 2013 51.29%
September 30, 2013 49.47%
June 30, 2013 48.55%
March 31, 2013 52.26%
December 31, 2012 52.38%
September 30, 2012 53.82%
June 30, 2012 47.33%
March 31, 2012 56.02%

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

28.31%
Minimum
Dec 2022
40.12%
Maximum
Sep 2020
33.93%
Average
34.33%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks