Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 21.31%
March 31, 2024 21.64%
December 31, 2023 15.32%
September 30, 2023 16.24%
June 30, 2023 18.81%
March 31, 2023 19.51%
December 31, 2022 17.46%
September 30, 2022 17.45%
June 30, 2022 20.74%
March 31, 2022 21.61%
December 31, 2021 21.77%
September 30, 2021 24.05%
June 30, 2021 24.02%
March 31, 2021 23.31%
December 31, 2020 21.84%
September 30, 2020 22.09%
June 30, 2020 23.80%
March 31, 2020 21.46%
December 31, 2019 23.65%
September 30, 2019 22.69%
June 30, 2019 25.70%
March 31, 2019 27.62%
December 31, 2018 27.31%
September 30, 2018 27.72%
June 30, 2018 27.70%
Date Value
March 31, 2018 28.46%
December 31, 2017 26.14%
September 30, 2017 21.42%
June 30, 2017 21.39%
March 31, 2017 20.93%
December 31, 2016 20.36%
September 30, 2016 19.31%
June 30, 2016 18.98%
March 31, 2016 19.60%
December 31, 2015 22.29%
September 30, 2015 21.67%
June 30, 2015 23.53%
March 31, 2015 26.78%
December 31, 2014 27.88%
September 30, 2014 29.65%
June 30, 2014 27.45%
March 31, 2014 27.41%
December 31, 2013 26.42%
September 30, 2013 25.96%
June 30, 2013 26.14%
March 31, 2013 26.64%
December 31, 2012 27.22%
September 30, 2012 27.87%
June 30, 2012 28.36%
March 31, 2012 28.39%

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

15.32%
Minimum
Dec 2023
24.05%
Maximum
Sep 2021
20.85%
Average
21.61%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics