Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 26.90%
March 31, 2024 27.36%
December 31, 2023 25.59%
September 30, 2023 24.75%
June 30, 2023 24.80%
March 31, 2023 23.30%
December 31, 2022 22.38%
September 30, 2022 20.21%
June 30, 2022 23.80%
March 31, 2022 22.91%
December 31, 2021 22.26%
September 30, 2021 23.47%
June 30, 2021 27.15%
March 31, 2021 26.87%
December 31, 2020 25.37%
September 30, 2020 26.73%
June 30, 2020 27.88%
March 31, 2020 28.41%
December 31, 2019 30.16%
September 30, 2019 28.59%
June 30, 2019 30.16%
March 31, 2019 26.93%
December 31, 2018 27.29%
September 30, 2018 29.71%
June 30, 2018 28.65%
Date Value
March 31, 2018 31.57%
December 31, 2017 30.50%
September 30, 2017 29.72%
June 30, 2017 31.20%
March 31, 2017 31.27%
December 31, 2016 31.47%
September 30, 2016 30.55%
June 30, 2016 28.96%
March 31, 2016 30.74%
December 31, 2015 28.83%
September 30, 2015 30.98%
June 30, 2015 30.91%
March 31, 2015 31.32%
December 31, 2014 31.67%
September 30, 2014 27.93%
June 30, 2014 27.71%
March 31, 2014 28.36%
December 31, 2013 27.72%
September 30, 2013 30.09%
June 30, 2013 26.17%
March 31, 2013 30.35%
December 31, 2012 32.29%
September 30, 2012 31.39%
June 30, 2012 23.88%
March 31, 2012 23.97%

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

20.21%
Minimum
Sep 2022
30.16%
Maximum
Dec 2019
25.28%
Average
25.37%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks