Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 29.68%
March 31, 2024 33.98%
December 31, 2023 30.55%
September 30, 2023 40.95%
June 30, 2023 41.68%
March 31, 2023 47.07%
December 31, 2022 52.40%
September 30, 2022 55.19%
June 30, 2022 49.92%
March 31, 2022 57.66%
December 31, 2021 50.06%
September 30, 2021 33.98%
June 30, 2021 31.62%
March 31, 2021 25.86%
December 31, 2020 25.79%
September 30, 2020 25.34%
June 30, 2020 27.89%
March 31, 2020 27.48%
December 31, 2019 29.19%
September 30, 2019 28.37%
June 30, 2019 28.84%
March 31, 2019 28.85%
December 31, 2018 35.57%
September 30, 2018 29.84%
June 30, 2018 35.00%
Date Value
March 31, 2018 37.14%
December 31, 2017 37.60%
September 30, 2017 33.75%
June 30, 2017 35.61%
March 31, 2017 34.31%
December 31, 2016 36.99%
September 30, 2016 28.91%
June 30, 2016 30.01%
March 31, 2016 28.98%
December 31, 2015 28.68%
September 30, 2015 29.09%
June 30, 2015 33.98%
March 31, 2015 33.73%
December 31, 2014 28.56%
September 30, 2014 30.54%
June 30, 2014 27.83%
March 31, 2014 28.99%
December 31, 2013 29.72%
September 30, 2013 28.50%
June 30, 2013 33.16%
March 31, 2013 38.32%
December 31, 2012 38.99%
September 30, 2012 42.64%
June 30, 2012 43.27%
March 31, 2012 44.62%

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

25.34%
Minimum
Sep 2020
57.66%
Maximum
Mar 2022
37.70%
Average
33.98%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks