Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 38.07%
March 31, 2024 41.05%
December 31, 2023 41.60%
September 30, 2023 42.91%
June 30, 2023 41.05%
March 31, 2023 41.36%
December 31, 2022 32.87%
September 30, 2022 42.87%
June 30, 2022 41.37%
March 31, 2022 42.25%
December 31, 2021 35.62%
September 30, 2021 34.70%
June 30, 2021 29.00%
March 31, 2021 25.45%
December 31, 2020 19.50%
September 30, 2020 38.98%
June 30, 2020 37.55%
March 31, 2020 34.59%
December 31, 2019 34.07%
September 30, 2019 36.21%
June 30, 2019 32.71%
March 31, 2019 32.27%
December 31, 2018 32.99%
September 30, 2018 36.31%
June 30, 2018 34.27%
Date Value
March 31, 2018 36.67%
December 31, 2017 39.97%
September 30, 2017 39.44%
June 30, 2017 41.37%
March 31, 2017 39.90%
December 31, 2016 40.85%
September 30, 2016 41.98%
June 30, 2016 45.76%
March 31, 2016 41.39%
December 31, 2015 42.66%
September 30, 2015 48.80%
June 30, 2015 42.51%
March 31, 2015 44.35%
December 31, 2014 46.53%
September 30, 2014 48.58%
June 30, 2014 44.02%
March 31, 2014 43.01%
December 31, 2013 44.01%
September 30, 2013 45.75%
June 30, 2013 43.63%
March 31, 2013 42.51%
December 31, 2012 43.09%
September 30, 2012 44.02%
June 30, 2012 41.63%
March 31, 2012 42.32%

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

19.50%
Minimum
Dec 2020
42.91%
Maximum
Sep 2023
36.57%
Average
38.07%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics