Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 17.57%
March 31, 2024 16.71%
December 31, 2023 17.79%
September 30, 2023 16.93%
June 30, 2023 17.65%
March 31, 2023 16.68%
December 31, 2022 17.08%
September 30, 2022 16.37%
June 30, 2022 15.67%
March 31, 2022 15.32%
December 31, 2021 16.26%
September 30, 2021 15.73%
June 30, 2021 15.26%
March 31, 2021 15.93%
December 31, 2020 16.42%
September 30, 2020 16.66%
June 30, 2020 14.71%
March 31, 2020 16.82%
December 31, 2019 17.84%
September 30, 2019 17.70%
Date Value
June 30, 2019 17.72%
March 31, 2019 17.44%
December 31, 2018 18.08%
September 30, 2018 18.01%
June 30, 2018 18.09%
March 31, 2018 17.04%
December 31, 2017 17.91%
September 30, 2017 17.71%
June 30, 2017 17.11%
March 31, 2017 17.13%
December 31, 2016 18.08%
September 30, 2016 17.68%
June 30, 2016 17.81%
March 31, 2016 17.16%
December 31, 2015 18.17%
September 30, 2015 17.48%
June 30, 2015 16.99%
March 31, 2015 16.73%
December 31, 2014 17.00%

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

14.71%
Minimum
Jun 2020
17.84%
Maximum
Dec 2019
16.50%
Average
16.66%
Median
Sep 2020

Gross Profit Margin (Quarterly) Benchmarks