Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 36.19%
March 31, 2024 37.55%
December 31, 2023 34.01%
September 30, 2023 29.16%
June 30, 2023 36.19%
March 31, 2023 37.58%
December 31, 2022 34.18%
September 30, 2022 2.10%
June 30, 2022 36.20%
March 31, 2022 38.16%
December 31, 2021 33.91%
September 30, 2021 40.45%
June 30, 2021 42.67%
March 31, 2021 42.64%
December 31, 2020 47.79%
September 30, 2020 52.40%
June 30, 2020 42.88%
March 31, 2020 43.80%
December 31, 2019 43.50%
September 30, 2019 40.95%
June 30, 2019 41.95%
March 31, 2019 42.40%
December 31, 2018 41.73%
September 30, 2018 42.09%
June 30, 2018 43.23%
Date Value
March 31, 2018 43.82%
December 31, 2017 41.51%
September 30, 2017 42.95%
June 30, 2017 42.51%
March 31, 2017 42.02%
December 31, 2016 40.03%
September 30, 2016 44.66%
June 30, 2016 44.95%
March 31, 2016 43.08%
December 31, 2015 43.18%
September 30, 2015 46.52%
June 30, 2015 46.97%
March 31, 2015 47.94%
December 31, 2014 43.83%
September 30, 2014 47.90%
June 30, 2014 48.10%
March 31, 2014 48.60%
December 31, 2013 49.61%
September 30, 2013 49.66%
June 30, 2013 49.02%
March 31, 2013 50.01%
December 31, 2012 50.59%
September 30, 2012 51.02%
June 30, 2012 51.60%
March 31, 2012 51.65%

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

2.10%
Minimum
Sep 2022
52.40%
Maximum
Sep 2020
37.44%
Average
37.58%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics