Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 29.72%
March 31, 2024 28.24%
December 31, 2023 28.30%
September 30, 2023 26.18%
June 30, 2023 29.49%
March 31, 2023 26.11%
December 31, 2022 26.87%
September 30, 2022 23.78%
June 30, 2022 31.84%
March 31, 2022 29.84%
December 31, 2021 22.51%
September 30, 2021 28.15%
June 30, 2021 27.66%
March 31, 2021 24.22%
December 31, 2020 18.28%
September 30, 2020 21.01%
June 30, 2020 23.26%
March 31, 2020 24.11%
December 31, 2019 26.39%
September 30, 2019 16.25%
June 30, 2019 22.71%
March 31, 2019 29.86%
December 31, 2018 33.40%
September 30, 2018 32.11%
June 30, 2018 37.42%
Date Value
March 31, 2018 31.86%
December 31, 2017 32.23%
September 30, 2017 31.05%
June 30, 2017 31.38%
March 31, 2017 29.49%
December 31, 2016 26.58%
September 30, 2016 25.60%
June 30, 2016 26.22%
March 31, 2016 23.21%
December 31, 2015 25.89%
September 30, 2015 21.91%
June 30, 2015 29.01%
March 31, 2015 31.19%
December 31, 2014 30.41%
September 30, 2014 34.54%
June 30, 2014 29.25%
March 31, 2014 27.23%
December 31, 2013 29.34%
September 30, 2013 31.11%
June 30, 2013 27.16%
March 31, 2013 25.90%
December 31, 2012 30.85%
September 30, 2012 28.22%
June 30, 2012 29.39%
March 31, 2012 34.62%

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

18.28%
Minimum
Dec 2020
31.84%
Maximum
Jun 2022
26.10%
Average
26.39%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks