Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 21.86%
March 31, 2024 20.73%
December 31, 2023 21.89%
September 30, 2023 19.42%
June 30, 2023 20.24%
March 31, 2023 16.89%
December 31, 2022 23.70%
September 30, 2022 16.37%
June 30, 2022 19.41%
March 31, 2022 15.26%
December 31, 2021 8.66%
September 30, 2021 16.75%
June 30, 2021 14.61%
March 31, 2021 18.51%
December 31, 2020 5.72%
September 30, 2020 8.31%
June 30, 2020 8.68%
March 31, 2020 18.59%
December 31, 2019 16.72%
September 30, 2019 16.84%
June 30, 2019 14.64%
March 31, 2019 13.95%
December 31, 2018 -5.59%
September 30, 2018 13.09%
June 30, 2018 10.46%
Date Value
March 31, 2018 13.02%
December 31, 2017 18.06%
September 30, 2017 19.16%
June 30, 2017 18.98%
March 31, 2017 20.52%
December 31, 2016 23.27%
September 30, 2016 20.69%
June 30, 2016 18.68%
March 31, 2016 16.65%
December 31, 2015 10.59%
September 30, 2015 15.48%
June 30, 2015 19.17%
March 31, 2015 18.81%
December 31, 2014 24.15%
September 30, 2014 18.34%
June 30, 2014 20.06%
March 31, 2014 19.70%
December 31, 2013 18.52%
September 30, 2013 21.46%
June 30, 2013 24.41%
March 31, 2013 25.42%
December 31, 2012 25.29%
September 30, 2012 26.27%
June 30, 2012 25.79%
March 31, 2012 22.12%

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

5.72%
Minimum
Dec 2020
23.70%
Maximum
Dec 2022
16.44%
Average
16.89%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks