Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 39.29%
March 31, 2024 39.12%
December 31, 2023 40.51%
September 30, 2023 30.61%
June 30, 2023 34.04%
March 31, 2023 28.84%
December 31, 2022 29.29%
September 30, 2022 27.40%
June 30, 2022 33.77%
March 31, 2022 30.17%
December 31, 2021 33.91%
September 30, 2021 28.64%
June 30, 2021 32.92%
March 31, 2021 39.27%
December 31, 2020 38.58%
September 30, 2020 30.21%
June 30, 2020 36.59%
March 31, 2020 36.50%
December 31, 2019 34.97%
September 30, 2019 33.18%
June 30, 2019 35.31%
March 31, 2019 32.22%
December 31, 2018 32.72%
September 30, 2018 31.97%
June 30, 2018 33.73%
Date Value
March 31, 2018 31.69%
December 31, 2017 37.18%
September 30, 2017 31.07%
June 30, 2017 35.52%
March 31, 2017 36.27%
December 31, 2016 40.84%
September 30, 2016 35.03%
June 30, 2016 34.90%
March 31, 2016 31.96%
December 31, 2015 33.98%
September 30, 2015 31.06%
June 30, 2015 30.71%
March 31, 2015 25.96%
December 31, 2014 29.55%
September 30, 2014 29.24%
June 30, 2014 29.06%
March 31, 2014 25.75%
December 31, 2013 31.88%
September 30, 2013 26.48%
June 30, 2013 26.51%
March 31, 2013 29.78%
December 31, 2012 25.81%
September 30, 2012 28.05%
June 30, 2012 27.33%
March 31, 2012 29.07%

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

27.40%
Minimum
Sep 2022
40.51%
Maximum
Dec 2023
33.93%
Average
33.91%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks