Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 24.43%
June 30, 2024 24.58%
March 31, 2024 23.72%
December 31, 2023 24.75%
September 30, 2023 24.29%
June 30, 2023 23.77%
March 31, 2023 23.65%
December 31, 2022 24.51%
September 30, 2022 22.19%
June 30, 2022 20.71%
March 31, 2022 19.54%
December 31, 2021 18.66%
September 30, 2021 17.60%
June 30, 2021 17.80%
March 31, 2021 16.45%
December 31, 2020 16.95%
September 30, 2020 16.61%
June 30, 2020 16.17%
March 31, 2020 19.34%
December 31, 2019 21.37%
September 30, 2019 25.16%
June 30, 2019 27.24%
March 31, 2019 26.70%
December 31, 2018 28.62%
September 30, 2018 27.27%
Date Value
June 30, 2018 28.03%
March 31, 2018 25.43%
December 31, 2017 25.37%
September 30, 2017 25.31%
June 30, 2017 25.31%
March 31, 2017 25.58%
December 31, 2016 26.78%
September 30, 2016 25.05%
June 30, 2016 24.08%
March 31, 2016 23.54%
December 31, 2015 24.49%
September 30, 2015 27.40%
June 30, 2015 26.56%
March 31, 2015 28.13%
December 31, 2014 24.03%
September 30, 2014 23.23%
June 30, 2014 23.93%
March 31, 2014 21.21%
December 31, 2013 20.55%
September 30, 2013 21.69%
June 30, 2013 21.49%
March 31, 2013 21.02%
December 31, 2012 20.44%
September 30, 2012 17.50%
June 30, 2012 18.70%

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

16.17%
Minimum
Jun 2020
24.75%
Maximum
Dec 2023
20.85%
Average
21.04%
Median

Gross Profit Margin (Quarterly) Benchmarks