Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 33.49%
March 31, 2024 32.66%
December 31, 2023 34.84%
September 30, 2023 34.10%
June 30, 2023 32.85%
March 31, 2023 31.03%
December 31, 2022 34.59%
September 30, 2022 33.56%
June 30, 2022 33.22%
March 31, 2022 34.06%
December 31, 2021 34.15%
September 30, 2021 35.50%
June 30, 2021 34.02%
March 31, 2021 36.05%
December 31, 2020 34.84%
September 30, 2020 37.01%
June 30, 2020 37.27%
March 31, 2020 35.67%
December 31, 2019 36.77%
September 30, 2019 38.10%
June 30, 2019 38.08%
March 31, 2019 36.15%
December 31, 2018 36.33%
September 30, 2018 36.67%
June 30, 2018 36.63%
Date Value
March 31, 2018 35.07%
December 31, 2017 35.93%
September 30, 2017 37.05%
June 30, 2017 37.96%
March 31, 2017 37.00%
December 31, 2016 39.67%
September 30, 2016 38.30%
June 30, 2016 37.95%
March 31, 2016 36.66%
December 31, 2015 37.91%
September 30, 2015 36.49%
June 30, 2015 36.40%
March 31, 2015 36.63%
December 31, 2014 38.81%
September 30, 2014 35.73%
June 30, 2014 36.72%
March 31, 2014 37.72%
December 31, 2013 36.83%
September 30, 2013 34.59%
June 30, 2013 34.69%
March 31, 2013 34.93%
December 31, 2012 36.15%
September 30, 2012 32.36%
June 30, 2012 33.01%
March 31, 2012 32.18%

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

31.03%
Minimum
Mar 2023
37.27%
Maximum
Jun 2020
34.51%
Average
34.15%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics