Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 39.03%
March 31, 2024 39.67%
December 31, 2023 39.72%
September 30, 2023 35.96%
June 30, 2023 37.19%
March 31, 2023 36.00%
December 31, 2022 33.79%
September 30, 2022 34.18%
June 30, 2022 33.44%
March 31, 2022 30.97%
December 31, 2021 31.07%
September 30, 2021 31.65%
June 30, 2021 33.04%
March 31, 2021 30.38%
December 31, 2020 30.61%
September 30, 2020 33.95%
June 30, 2020 34.60%
March 31, 2020 34.12%
December 31, 2019 35.55%
September 30, 2019 34.60%
June 30, 2019 34.92%
March 31, 2019 32.09%
December 31, 2018 34.70%
September 30, 2018 26.77%
June 30, 2018 33.85%
Date Value
March 31, 2018 -7.16%
December 31, 2017 -7.34%
September 30, 2017 -4.38%
June 30, 2017 -5.49%
March 31, 2017 29.32%
December 31, 2016 -93.29%
September 30, 2016 31.16%
June 30, 2016 33.77%
March 31, 2016 35.32%
December 31, 2015 37.38%
September 30, 2015 38.65%
June 30, 2015 38.87%
March 31, 2015 38.55%
December 31, 2014 36.84%
September 30, 2014 33.93%
June 30, 2014 34.22%
March 31, 2014 32.40%
December 31, 2013 35.62%
September 30, 2013 34.05%
June 30, 2013 33.04%
March 31, 2013 32.22%
December 31, 2012 33.40%
September 30, 2012 33.23%
June 30, 2012 32.96%
March 31, 2012 31.98%

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

30.38%
Minimum
Mar 2021
39.72%
Maximum
Dec 2023
34.47%
Average
34.12%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics