Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 21.80%
March 31, 2024 22.74%
December 31, 2023 32.41%
September 30, 2023 31.09%
June 30, 2023 27.91%
March 31, 2023 25.11%
December 31, 2022 19.34%
September 30, 2022 24.90%
June 30, 2022 23.59%
March 31, 2022 22.03%
December 31, 2021 32.52%
September 30, 2021 27.35%
June 30, 2021 27.19%
March 31, 2021 26.81%
December 31, 2020 20.11%
September 30, 2020 26.87%
June 30, 2020 25.07%
March 31, 2020 26.41%
December 31, 2019 28.21%
September 30, 2019 28.44%
June 30, 2019 27.54%
March 31, 2019 26.76%
December 31, 2018 24.54%
September 30, 2018 26.45%
June 30, 2018 26.22%
Date Value
March 31, 2018 27.69%
December 31, 2017 28.62%
September 30, 2017 28.38%
June 30, 2017 28.94%
March 31, 2017 27.88%
December 31, 2016 28.58%
September 30, 2016 28.44%
June 30, 2016 27.53%
March 31, 2016 26.32%
December 31, 2015 28.33%
September 30, 2015 28.33%
June 30, 2015 9.10%
March 31, 2015 26.42%
December 31, 2014 24.43%
September 30, 2014 24.53%
June 30, 2014 28.95%
March 31, 2014 27.40%
December 31, 2013 31.74%
September 30, 2013 27.52%
June 30, 2013 27.75%
March 31, 2013 26.17%
December 31, 2012 34.96%
September 30, 2012 26.62%
June 30, 2012 26.54%
March 31, 2012 25.32%

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

19.34%
Minimum
Dec 2022
32.52%
Maximum
Dec 2021
25.87%
Average
26.41%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics