Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 17.43%
March 31, 2024 16.50%
December 31, 2023 19.34%
September 30, 2023 15.41%
June 30, 2023 20.99%
March 31, 2023 19.80%
December 31, 2022 20.64%
September 30, 2022 20.79%
June 30, 2022 21.90%
March 31, 2022 20.44%
December 31, 2021 21.64%
September 30, 2021 20.30%
June 30, 2021 21.33%
March 31, 2021 19.94%
December 31, 2020 19.33%
September 30, 2020 18.73%
June 30, 2020 18.73%
March 31, 2020 14.77%
December 31, 2019 19.25%
September 30, 2019 19.12%
June 30, 2019 19.51%
March 31, 2019 15.93%
December 31, 2018 17.93%
September 30, 2018 17.56%
June 30, 2018 17.67%
Date Value
March 31, 2018 16.26%
December 31, 2017 18.89%
September 30, 2017 18.64%
June 30, 2017 20.06%
March 31, 2017 17.99%
December 31, 2016 17.80%
September 30, 2016 20.97%
June 30, 2016 21.42%
March 31, 2016 20.15%
December 31, 2015 20.89%
September 30, 2015 21.82%
June 30, 2015 21.85%
March 31, 2015 19.78%
December 31, 2014 13.32%
September 30, 2014 20.85%
June 30, 2014 13.11%
March 31, 2014 18.43%
December 31, 2013 20.36%
September 30, 2013 20.82%
June 30, 2013 20.75%
March 31, 2013 19.68%
December 31, 2012 -11.26%
September 30, 2012 13.71%
June 30, 2012 21.57%
March 31, 2012 19.50%

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

14.77%
Minimum
Mar 2020
21.90%
Maximum
Jun 2022
19.33%
Average
19.80%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks