Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 20.51%
March 31, 2024 20.32%
December 31, 2023 22.30%
September 30, 2023 20.73%
June 30, 2023 19.56%
March 31, 2023 16.15%
December 31, 2022 19.82%
September 30, 2022 15.44%
June 30, 2022 16.38%
March 31, 2022 16.73%
December 31, 2021 19.60%
September 30, 2021 19.07%
June 30, 2021 20.79%
March 31, 2021 19.22%
December 31, 2020 20.33%
September 30, 2020 16.95%
June 30, 2020 11.94%
March 31, 2020 17.32%
December 31, 2019 18.17%
September 30, 2019 17.70%
June 30, 2019 18.81%
March 31, 2019 16.78%
December 31, 2018 18.63%
September 30, 2018 17.99%
June 30, 2018 18.67%
Date Value
March 31, 2018 19.88%
December 31, 2017 18.51%
September 30, 2017 17.93%
June 30, 2017 18.37%
March 31, 2017 17.02%
December 31, 2016 15.76%
September 30, 2016 18.05%
June 30, 2016 19.88%
March 31, 2016 19.52%
December 31, 2015 19.80%
September 30, 2015 21.87%
June 30, 2015 20.47%
March 31, 2015 18.86%
December 31, 2014 20.25%
September 30, 2014 19.87%
June 30, 2014 20.27%
March 31, 2014 18.85%
December 31, 2013 18.80%
September 30, 2013 18.81%
June 30, 2013 19.71%
March 31, 2013 17.89%
December 31, 2012 13.55%
September 30, 2012 15.34%
June 30, 2012 15.06%
March 31, 2012 13.29%

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

11.94%
Minimum
Jun 2020
22.30%
Maximum
Dec 2023
18.49%
Average
19.22%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics