Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 32.20%
March 31, 2024 34.45%
December 31, 2023 31.99%
September 30, 2023 33.58%
June 30, 2023 34.40%
March 31, 2023 31.09%
December 31, 2022 35.15%
September 30, 2022 35.14%
June 30, 2022 35.34%
March 31, 2022 37.31%
December 31, 2021 36.83%
September 30, 2021 35.92%
June 30, 2021 41.18%
March 31, 2021 41.11%
December 31, 2020 43.94%
September 30, 2020 41.77%
June 30, 2020 38.79%
March 31, 2020 38.56%
December 31, 2019 38.80%
September 30, 2019 37.84%
June 30, 2019 39.33%
March 31, 2019 38.66%
December 31, 2018 39.49%
September 30, 2018 38.90%
June 30, 2018 39.69%
Date Value
March 31, 2018 38.88%
December 31, 2017 40.21%
September 30, 2017 37.86%
June 30, 2017 38.92%
March 31, 2017 37.32%
December 31, 2016 42.41%
September 30, 2016 40.79%
June 30, 2016 39.99%
March 31, 2016 39.18%
December 31, 2015 41.49%
September 30, 2015 39.32%
June 30, 2015 38.51%
March 31, 2015 37.47%
December 31, 2014 40.74%
September 30, 2014 38.42%
June 30, 2014 37.97%
March 31, 2014 37.22%
December 31, 2013 39.60%
September 30, 2013 38.67%
June 30, 2013 37.02%
March 31, 2013 36.88%
December 31, 2012 40.22%
September 30, 2012 37.79%
June 30, 2012 38.59%
March 31, 2012 37.06%

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

31.09%
Minimum
Mar 2023
43.94%
Maximum
Dec 2020
36.71%
Average
35.92%
Median
Sep 2021