Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 26.32%
December 31, 2023 32.45%
September 30, 2023 30.01%
June 30, 2023 25.23%
March 31, 2023 15.24%
December 31, 2022 29.36%
September 30, 2022 30.77%
June 30, 2022 29.79%
March 31, 2022 27.22%
December 31, 2021 31.50%
September 30, 2021 31.49%
June 30, 2021 28.29%
March 31, 2021 23.95%
December 31, 2020 31.41%
September 30, 2020 31.13%
June 30, 2020 28.95%
March 31, 2020 25.80%
December 31, 2019 31.97%
September 30, 2019 31.37%
June 30, 2019 28.50%
March 31, 2019 25.85%
December 31, 2018 30.44%
September 30, 2018 30.36%
June 30, 2018 27.63%
March 31, 2018 25.10%
Date Value
December 31, 2017 28.75%
September 30, 2017 27.35%
June 30, 2017 26.49%
March 31, 2017 24.72%
December 31, 2016 29.42%
September 30, 2016 28.11%
June 30, 2016 26.72%
March 31, 2016 27.61%
December 31, 2015 29.93%
September 30, 2015 27.77%
June 30, 2015 26.00%
March 31, 2015 26.35%
December 31, 2014 26.78%
September 30, 2014 25.93%
June 30, 2014 24.20%
March 31, 2014 21.39%
December 31, 2013 24.34%
September 30, 2013 23.03%
June 30, 2013 20.82%
March 31, 2013 18.18%
December 31, 2012 20.30%
September 30, 2012 22.04%
June 30, 2012 22.18%
March 31, 2012 20.66%
December 31, 2011 21.09%

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

15.24%
Minimum
Mar 2023
32.45%
Maximum
Dec 2023
28.38%
Average
29.57%
Median

Gross Profit Margin (Quarterly) Benchmarks