Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 40.89%
March 31, 2024 37.11%
December 31, 2023 37.01%
September 30, 2023 40.81%
June 30, 2023 37.31%
March 31, 2023 32.85%
December 31, 2022 35.13%
September 30, 2022 33.51%
June 30, 2022 28.07%
March 31, 2022 41.89%
December 31, 2021 32.73%
September 30, 2021 42.29%
June 30, 2021 43.26%
March 31, 2021 38.51%
December 31, 2020 39.02%
September 30, 2020 43.67%
June 30, 2020 41.82%
March 31, 2020 29.67%
December 31, 2019 38.86%
September 30, 2019 40.69%
June 30, 2019 40.31%
March 31, 2019 38.65%
December 31, 2018 34.01%
September 30, 2018 41.59%
June 30, 2018 43.63%
Date Value
March 31, 2018 34.13%
December 31, 2017 41.08%
September 30, 2017 44.88%
June 30, 2017 43.21%
March 31, 2017 43.96%
December 31, 2016 35.42%
September 30, 2016 42.88%
June 30, 2016 42.99%
March 31, 2016 37.01%
December 31, 2015 39.48%
September 30, 2015 42.41%
June 30, 2015 42.34%
March 31, 2015 35.03%
December 31, 2014 36.31%
September 30, 2014 42.93%
June 30, 2014 42.51%
March 31, 2014 35.88%
December 31, 2013 37.34%
September 30, 2013 42.79%
June 30, 2013 41.93%
March 31, 2013 33.96%
December 31, 2012 37.24%
September 30, 2012 42.53%
June 30, 2012 41.96%
March 31, 2012 36.53%

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

28.07%
Minimum
Jun 2022
43.67%
Maximum
Sep 2020
37.60%
Average
38.51%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks