Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 31.99%
March 31, 2024 31.91%
December 31, 2023 30.05%
September 30, 2023 34.30%
June 30, 2023 32.86%
March 31, 2023 31.86%
December 31, 2022 30.79%
September 30, 2022 32.20%
June 30, 2022 34.22%
March 31, 2022 32.98%
December 31, 2021 32.60%
September 30, 2021 33.41%
June 30, 2021 35.09%
March 31, 2021 31.74%
December 31, 2020 32.30%
September 30, 2020 26.59%
June 30, 2020 15.36%
March 31, 2020 29.24%
Date Value
December 31, 2019 30.53%
September 30, 2019 35.38%
June 30, 2019 30.86%
March 31, 2019 32.89%
December 31, 2018 32.31%
September 30, 2018 28.91%
June 30, 2018 32.95%
March 31, 2018 34.84%
December 31, 2017 34.90%
September 30, 2017 36.02%
June 30, 2017 34.98%
March 31, 2017 37.21%
December 31, 2016 37.36%
September 30, 2016 40.21%
June 30, 2016 41.61%
March 31, 2016 39.45%
December 31, 2015 38.90%
September 30, 2015 37.69%

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

15.36%
Minimum
Jun 2020
35.09%
Maximum
Jun 2021
31.05%
Average
31.99%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks