Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 31.27%
June 30, 2024 33.96%
March 31, 2024 33.89%
December 31, 2023 32.13%
September 30, 2023 32.04%
June 30, 2023 30.88%
March 31, 2023 30.85%
December 31, 2022 28.57%
September 30, 2022 29.71%
June 30, 2022 29.34%
March 31, 2022 29.84%
December 31, 2021 26.79%
September 30, 2021 29.00%
June 30, 2021 28.29%
March 31, 2021 28.65%
December 31, 2020 25.52%
September 30, 2020 27.63%
June 30, 2020 24.19%
March 31, 2020 26.34%
December 31, 2019 22.99%
September 30, 2019 25.01%
June 30, 2019 23.71%
March 31, 2019 25.94%
December 31, 2018 23.36%
September 30, 2018 23.51%
Date Value
June 30, 2018 24.86%
March 31, 2018 25.66%
December 31, 2017 23.96%
September 30, 2017 22.70%
June 30, 2017 23.96%
March 31, 2017 25.44%
December 31, 2016 23.58%
September 30, 2016 23.28%
June 30, 2016 24.88%
March 31, 2016 26.00%
December 31, 2015 22.47%
September 30, 2015 22.86%
June 30, 2015 23.80%
March 31, 2015 26.28%
December 31, 2014 22.52%
September 30, 2014 22.26%
June 30, 2014 22.90%
March 31, 2014 28.34%
December 31, 2013 23.39%
September 30, 2013 23.62%
June 30, 2013 25.13%
March 31, 2013 27.31%
December 31, 2012 22.61%
September 30, 2012 22.69%
June 30, 2012 24.73%

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

22.99%
Minimum
Dec 2019
33.96%
Maximum
Jun 2024
29.09%
Average
29.17%
Median

Gross Profit Margin (Quarterly) Benchmarks