Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 16.60%
March 31, 2024 16.58%
December 31, 2023 15.51%
September 30, 2023 16.82%
June 30, 2023 15.62%
March 31, 2023 14.75%
December 31, 2022 17.13%
September 30, 2022 17.29%
June 30, 2022 16.24%
March 31, 2022 15.85%
December 31, 2021 16.28%
September 30, 2021 16.13%
June 30, 2021 15.68%
March 31, 2021 14.90%
December 31, 2020 15.20%
September 30, 2020 16.65%
June 30, 2020 16.12%
March 31, 2020 13.21%
December 31, 2019 13.76%
September 30, 2019 11.29%
June 30, 2019 14.29%
March 31, 2019 13.35%
December 31, 2018 13.76%
September 30, 2018 12.08%
June 30, 2018 14.33%
Date Value
March 31, 2018 13.06%
December 31, 2017 12.39%
September 30, 2017 13.74%
June 30, 2017 13.16%
March 31, 2017 12.20%
December 31, 2016 12.16%
September 30, 2016 13.34%
June 30, 2016 12.76%
March 31, 2016 11.92%
December 31, 2015 13.05%
September 30, 2015 14.78%
June 30, 2015 14.21%
March 31, 2015 12.36%
December 31, 2014 13.56%
September 30, 2014 7.95%
June 30, 2014 12.30%
March 31, 2014 11.78%
December 31, 2013 13.39%
September 30, 2013 12.59%
June 30, 2013 0.93%
March 31, 2013 13.26%
December 31, 2012 13.39%
September 30, 2012 12.31%
June 30, 2012 14.27%
March 31, 2012 14.09%

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

13.21%
Minimum
Mar 2020
17.29%
Maximum
Sep 2022
15.81%
Average
16.12%
Median
Jun 2020

Gross Profit Margin (Quarterly) Benchmarks