Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 16.07%
March 31, 2024 19.58%
December 31, 2023 20.32%
September 30, 2023 20.63%
June 30, 2023 16.71%
March 31, 2023 17.70%
December 31, 2022 18.30%
September 30, 2022 16.94%
June 30, 2022 18.55%
March 31, 2022 18.90%
December 31, 2021 20.14%
September 30, 2021 20.42%
June 30, 2021 17.85%
March 31, 2021 20.07%
December 31, 2020 20.73%
September 30, 2020 18.24%
June 30, 2020 17.02%
March 31, 2020 17.27%
December 31, 2019 18.41%
September 30, 2019 20.18%
June 30, 2019 19.75%
March 31, 2019 17.79%
December 31, 2018 18.15%
September 30, 2018 18.43%
June 30, 2018 19.02%
Date Value
March 31, 2018 19.18%
December 31, 2017 16.60%
September 30, 2017 19.06%
June 30, 2017 18.92%
March 31, 2017 18.34%
December 31, 2016 20.25%
September 30, 2016 19.22%
June 30, 2016 17.67%
March 31, 2016 17.53%
December 31, 2015 20.51%
September 30, 2015 21.49%
June 30, 2015 17.57%
March 31, 2015 15.69%
December 31, 2014 19.47%
September 30, 2014 18.33%
June 30, 2014 20.46%
March 31, 2014 14.96%
December 31, 2013 18.14%
September 30, 2013 18.33%
June 30, 2013 16.49%
March 31, 2013 16.57%
December 31, 2012 18.45%
September 30, 2012 20.45%
June 30, 2012 19.95%
March 31, 2012 16.99%

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

16.07%
Minimum
Jun 2024
20.73%
Maximum
Dec 2020
18.62%
Average
18.41%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks