Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 23.60%
March 31, 2024 23.68%
December 31, 2023 23.74%
September 30, 2023 23.64%
June 30, 2023 22.25%
March 31, 2023 21.44%
December 31, 2022 21.73%
September 30, 2022 21.67%
June 30, 2022 20.48%
March 31, 2022 19.84%
December 31, 2021 19.67%
September 30, 2021 19.43%
June 30, 2021 20.12%
March 31, 2021 19.70%
December 31, 2020 21.94%
September 30, 2020 21.06%
June 30, 2020 20.49%
March 31, 2020 19.25%
December 31, 2019 23.88%
September 30, 2019 21.59%
June 30, 2019 22.38%
March 31, 2019 20.43%
December 31, 2018 20.64%
September 30, 2018 20.37%
June 30, 2018 19.50%
Date Value
March 31, 2018 20.18%
December 31, 2017 21.72%
September 30, 2017 22.85%
June 30, 2017 22.04%
March 31, 2017 23.16%
December 31, 2016 23.54%
September 30, 2016 24.43%
June 30, 2016 24.12%
March 31, 2016 24.29%
December 31, 2015 24.09%
September 30, 2015 24.87%
June 30, 2015 24.96%
March 31, 2015 24.86%
December 31, 2014 24.88%
September 30, 2014 24.87%
June 30, 2014 24.81%
March 31, 2014 24.90%
December 31, 2013 24.49%
September 30, 2013 24.23%
June 30, 2013 23.52%
March 31, 2013 23.42%
December 31, 2012 22.94%
September 30, 2012 22.29%
June 30, 2012 21.85%
March 31, 2012 21.16%

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

19.25%
Minimum
Mar 2020
23.88%
Maximum
Dec 2019
21.45%
Average
21.44%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics