Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 40.78%
March 31, 2024 38.76%
December 31, 2023 42.64%
September 30, 2023 42.96%
June 30, 2023 48.68%
March 31, 2023 53.18%
December 31, 2022 52.22%
September 30, 2022 52.18%
June 30, 2022 43.54%
March 31, 2022 44.84%
December 31, 2021 42.93%
September 30, 2021 39.15%
June 30, 2021 40.35%
March 31, 2021 40.62%
December 31, 2020 35.65%
September 30, 2020 38.84%
June 30, 2020 38.80%
March 31, 2020 34.85%
December 31, 2019 28.94%
September 30, 2019 32.95%
June 30, 2019 34.10%
Date Value
March 31, 2019 29.76%
December 31, 2018 34.88%
September 30, 2018 35.77%
June 30, 2018 27.70%
March 31, 2018 30.69%
December 31, 2017 32.28%
September 30, 2017 32.60%
June 30, 2017 27.84%
March 31, 2017 33.81%
December 31, 2016 35.72%
September 30, 2016 38.60%
June 30, 2016 35.07%
March 31, 2016 38.67%
December 31, 2015 39.95%
September 30, 2015 37.69%
June 30, 2015 35.96%
March 31, 2015 35.76%
December 31, 2014 34.01%
September 30, 2014 33.02%
June 30, 2014 34.61%
March 31, 2014 30.51%

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

28.94%
Minimum
Dec 2019
53.18%
Maximum
Mar 2023
42.10%
Average
40.78%
Median
Jun 2024

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