Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 36.28%
March 31, 2024 35.16%
December 31, 2023 35.09%
September 30, 2023 33.80%
June 30, 2023 33.71%
March 31, 2023 34.36%
December 31, 2022 35.70%
September 30, 2022 34.70%
June 30, 2022 33.37%
March 31, 2022 32.70%
December 31, 2021 28.98%
September 30, 2021 29.47%
June 30, 2021 24.38%
March 31, 2021 19.05%
December 31, 2020 25.44%
September 30, 2020 26.19%
June 30, 2020 31.02%
March 31, 2020 38.99%
December 31, 2019 40.13%
September 30, 2019 39.48%
Date Value
June 30, 2019 39.67%
March 31, 2019 41.36%
December 31, 2018 40.76%
September 30, 2018 39.98%
June 30, 2018 38.75%
March 31, 2018 38.16%
December 31, 2017 38.93%
September 30, 2017 37.36%
June 30, 2017 37.61%
March 31, 2017 37.58%
December 31, 2016 36.85%
September 30, 2016 34.24%
June 30, 2016 33.97%
March 31, 2016 29.07%
December 31, 2015 29.14%
September 30, 2015 28.99%
June 30, 2015 29.14%
March 31, 2015 29.65%
December 31, 2014 27.23%
September 30, 2014 26.88%

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

19.05%
Minimum
Mar 2021
40.13%
Maximum
Dec 2019
32.03%
Average
33.71%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks