Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 27.38%
March 31, 2024 26.54%
December 31, 2023 27.06%
September 30, 2023 26.67%
June 30, 2023 24.85%
March 31, 2023 24.96%
December 31, 2022 24.60%
September 30, 2022 25.17%
June 30, 2022 24.33%
March 31, 2022 23.09%
December 31, 2021 23.89%
September 30, 2021 23.62%
June 30, 2021 25.57%
March 31, 2021 26.01%
December 31, 2020 25.82%
September 30, 2020 27.50%
June 30, 2020 32.85%
March 31, 2020 27.62%
December 31, 2019 26.60%
September 30, 2019 28.63%
June 30, 2019 28.77%
March 31, 2019 29.18%
December 31, 2018 28.09%
September 30, 2018 29.86%
June 30, 2018 29.83%
Date Value
March 31, 2018 30.72%
December 31, 2017 29.16%
September 30, 2017 29.27%
June 30, 2017 28.35%
March 31, 2017 28.51%
December 31, 2016 27.69%
September 30, 2016 29.95%
June 30, 2016 28.44%
March 31, 2016 27.53%
December 31, 2015 26.80%
September 30, 2015 27.36%
June 30, 2015 27.31%
March 31, 2015 28.35%
December 31, 2014 27.27%
September 30, 2014 26.49%
June 30, 2014 27.13%
March 31, 2014 25.66%
December 31, 2013 26.82%
September 30, 2013 29.54%
June 30, 2013 26.63%
March 31, 2013 26.86%
December 31, 2012 24.60%
September 30, 2012 26.17%
June 30, 2012 24.38%
March 31, 2012 21.91%

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

23.09%
Minimum
Mar 2022
32.85%
Maximum
Jun 2020
26.01%
Average
25.82%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics