Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 30.04%
March 31, 2024 31.53%
December 31, 2023 29.24%
September 30, 2023 31.29%
June 30, 2023 31.07%
March 31, 2023 32.83%
December 31, 2022 33.59%
September 30, 2022 31.79%
June 30, 2022 32.72%
March 31, 2022 32.66%
December 31, 2021 33.67%
September 30, 2021 33.87%
June 30, 2021 33.68%
March 31, 2021 32.59%
December 31, 2020 32.71%
September 30, 2020 32.74%
June 30, 2020 28.46%
March 31, 2020 26.85%
December 31, 2019 34.28%
September 30, 2019 34.69%
June 30, 2019 34.91%
March 31, 2019 33.28%
December 31, 2018 35.89%
September 30, 2018 36.08%
June 30, 2018 36.26%
Date Value
March 31, 2018 34.28%
December 31, 2017 35.91%
September 30, 2017 35.63%
June 30, 2017 35.64%
March 31, 2017 34.05%
December 31, 2016 35.39%
September 30, 2016 35.56%
June 30, 2016 35.06%
March 31, 2016 33.67%
December 31, 2015 34.39%
September 30, 2015 34.47%
June 30, 2015 32.78%
March 31, 2015 32.51%
December 31, 2014 33.39%
September 30, 2014 35.55%
June 30, 2014 36.02%
March 31, 2014 35.24%
December 31, 2013 37.47%
September 30, 2013 38.05%
June 30, 2013 36.28%
March 31, 2013 34.38%
December 31, 2012 33.20%
September 30, 2012 34.60%
June 30, 2012 35.36%
March 31, 2012 33.89%

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

26.85%
Minimum
Mar 2020
34.28%
Maximum
Dec 2019
31.88%
Average
32.66%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks