Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 31.60%
March 31, 2024 33.40%
December 31, 2023 30.36%
September 30, 2023 31.12%
June 30, 2023 31.86%
March 31, 2023 33.01%
December 31, 2022 28.45%
September 30, 2022 29.35%
June 30, 2022 30.55%
March 31, 2022 30.08%
December 31, 2021 27.79%
September 30, 2021 25.83%
June 30, 2021 28.44%
March 31, 2021 29.18%
December 31, 2020 26.58%
September 30, 2020 29.48%
June 30, 2020 28.66%
March 31, 2020 30.20%
December 31, 2019 28.57%
September 30, 2019 30.36%
June 30, 2019 30.57%
March 31, 2019 30.89%
December 31, 2018 27.96%
September 30, 2018 28.74%
June 30, 2018 29.50%
Date Value
March 31, 2018 30.00%
December 31, 2017 27.34%
September 30, 2017 28.01%
June 30, 2017 26.79%
March 31, 2017 25.89%
December 31, 2016 25.81%
September 30, 2016 25.81%
June 30, 2016 27.39%
March 31, 2016 26.77%
December 31, 2015 30.31%
September 30, 2015 27.62%
June 30, 2015 28.17%
March 31, 2015 28.03%
December 31, 2014 28.97%
September 30, 2014 28.62%
June 30, 2014 29.60%
March 31, 2014 29.60%
December 31, 2013 27.74%
September 30, 2013 27.62%
June 30, 2013 30.28%
March 31, 2013 25.19%
December 31, 2012 10.93%
September 30, 2012 26.16%
June 30, 2012 28.09%
March 31, 2012 28.97%

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

25.83%
Minimum
Sep 2021
33.40%
Maximum
Mar 2024
29.71%
Average
29.48%
Median
Sep 2020

Gross Profit Margin (Quarterly) Benchmarks