Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 24.02%
March 31, 2024 21.55%
December 31, 2023 -4.24%
September 30, 2023 39.86%
June 30, 2023 22.56%
March 31, 2023 19.08%
December 31, 2022 0.56%
September 30, 2022 32.81%
June 30, 2022 28.61%
March 31, 2022 29.14%
December 31, 2021 17.94%
September 30, 2021 31.28%
June 30, 2021 28.21%
March 31, 2021 28.85%
December 31, 2020 20.56%
September 30, 2020 31.45%
June 30, 2020 28.51%
March 31, 2020 31.37%
December 31, 2019 31.01%
September 30, 2019 35.03%
June 30, 2019 30.80%
March 31, 2019 31.14%
December 31, 2018 30.78%
September 30, 2018 35.42%
June 30, 2018 33.56%
Date Value
March 31, 2018 34.59%
December 31, 2017 35.36%
September 30, 2017 36.20%
June 30, 2017 35.50%
March 31, 2017 35.43%
December 31, 2016 35.49%
September 30, 2016 35.15%
June 30, 2016 33.39%
March 31, 2016 37.41%
December 31, 2015 38.38%
September 30, 2015 40.91%
June 30, 2015 38.62%
March 31, 2015 38.60%
December 31, 2014 35.70%
September 30, 2014 40.70%
June 30, 2014 38.78%
March 31, 2014 38.98%
December 31, 2013 34.74%
September 30, 2013 41.27%
June 30, 2013 38.03%
March 31, 2013 37.24%
December 31, 2012 37.27%
September 30, 2012 39.54%
June 30, 2012 38.73%
March 31, 2012 37.38%

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

-4.24%
Minimum
Dec 2023
39.86%
Maximum
Sep 2023
24.37%
Average
28.51%
Median
Jun 2020

Gross Profit Margin (Quarterly) Benchmarks