Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 32.69%
June 30, 2024 32.93%
March 31, 2024 22.48%
December 31, 2023 28.38%
September 30, 2023 31.66%
June 30, 2023 32.47%
March 31, 2023 18.68%
December 31, 2022 29.26%
September 30, 2022 28.94%
June 30, 2022 29.47%
March 31, 2022 16.05%
December 31, 2021 27.08%
September 30, 2021 32.11%
June 30, 2021 29.97%
March 31, 2021 18.97%
December 31, 2020 27.61%
September 30, 2020 29.32%
June 30, 2020 30.35%
March 31, 2020 13.57%
December 31, 2019 11.86%
September 30, 2019 34.03%
June 30, 2019 32.52%
Date Value
March 31, 2019 19.73%
December 31, 2018 29.70%
September 30, 2018 32.08%
June 30, 2018 31.61%
March 31, 2018 21.17%
December 31, 2017 34.95%
September 30, 2017 35.42%
June 30, 2017 35.91%
March 31, 2017 23.46%
December 31, 2016 35.21%
September 30, 2016 36.57%
June 30, 2016 35.96%
March 31, 2016 22.59%
December 31, 2015 32.64%
September 30, 2015 33.80%
June 30, 2015 31.72%
March 31, 2015 18.41%
December 31, 2014 27.80%
September 30, 2014 27.68%
June 30, 2014 28.53%
March 31, 2014 14.84%
December 31, 2013 27.03%

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

11.86%
Minimum
Dec 2019
32.93%
Maximum
Jun 2024
26.19%
Average
29.10%
Median

Gross Profit Margin (Quarterly) Benchmarks