Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 38.73%
March 31, 2024 37.45%
December 31, 2023 36.11%
September 30, 2023 37.22%
June 30, 2023 38.00%
March 31, 2023 36.85%
December 31, 2022 36.82%
September 30, 2022 37.00%
June 30, 2022 39.79%
March 31, 2022 38.98%
December 31, 2021 39.55%
September 30, 2021 41.48%
June 30, 2021 42.63%
March 31, 2021 41.23%
December 31, 2020 40.22%
September 30, 2020 42.33%
June 30, 2020 40.22%
March 31, 2020 41.29%
December 31, 2019 41.35%
September 30, 2019 41.12%
June 30, 2019 41.79%
March 31, 2019 40.68%
December 31, 2018 40.34%
Date Value
September 30, 2018 41.53%
June 30, 2018 41.89%
March 31, 2018 41.77%
December 31, 2017 49.88%
September 30, 2017 41.53%
June 30, 2017 44.27%
March 31, 2017 43.90%
December 31, 2016 -45.16%
September 30, 2016 56.61%
June 30, 2016 56.55%
March 31, 2016 54.49%
December 31, 2015 53.44%
September 30, 2015 55.10%
June 30, 2015 55.53%
March 31, 2015 53.68%
December 31, 2014 52.62%
September 30, 2014 55.61%
June 30, 2014 55.29%
March 31, 2014 53.55%
December 31, 2013 53.44%
September 30, 2013 55.93%
June 30, 2013 55.83%
March 31, 2013 55.39%

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.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

36.11%
Minimum
Dec 2023
42.63%
Maximum
Jun 2021
39.33%
Average
39.55%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks