Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 32.78%
March 31, 2024 31.79%
December 31, 2023 29.73%
September 30, 2023 30.86%
June 30, 2023 32.71%
March 31, 2023 31.83%
December 31, 2022 31.64%
September 30, 2022 33.63%
June 30, 2022 36.56%
March 31, 2022 35.54%
December 31, 2021 35.42%
September 30, 2021 38.40%
June 30, 2021 36.42%
March 31, 2021 30.59%
December 31, 2020 28.40%
September 30, 2020 28.15%
June 30, 2020 26.17%
March 31, 2020 19.85%
December 31, 2019 20.90%
September 30, 2019 20.28%
June 30, 2019 20.68%
March 31, 2019 19.28%
December 31, 2018 20.15%
Date Value
September 30, 2018 19.90%
June 30, 2018 21.43%
March 31, 2018 19.14%
December 31, 2017 21.70%
September 30, 2017 23.66%
June 30, 2017 25.77%
March 31, 2017 24.85%
December 31, 2016 25.80%
September 30, 2016 27.09%
June 30, 2016 27.19%
March 31, 2016 26.72%
December 31, 2015 28.27%
September 30, 2015 27.03%
June 30, 2015 27.07%
March 31, 2015 25.31%
December 31, 2014 26.44%
September 30, 2014 24.49%
June 30, 2014 25.34%
March 31, 2014 27.77%
December 31, 2013 25.50%
September 30, 2013 23.29%
June 30, 2013 21.62%

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

19.85%
Minimum
Mar 2020
38.40%
Maximum
Sep 2021
31.12%
Average
31.79%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics