Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 38.99%
June 30, 2024 39.23%
March 31, 2024 38.40%
December 31, 2023 39.99%
September 30, 2023 38.93%
June 30, 2023 34.25%
March 31, 2023 34.85%
December 31, 2022 37.87%
September 30, 2022 36.46%
June 30, 2022 34.65%
March 31, 2022 30.90%
December 31, 2021 29.69%
September 30, 2021 28.53%
June 30, 2021 26.35%
March 31, 2021 25.19%
December 31, 2020 25.55%
Date Value
September 30, 2020 35.02%
June 30, 2020 27.69%
March 31, 2020 35.59%
December 31, 2019 34.57%
September 30, 2019 37.60%
June 30, 2019 38.40%
March 31, 2019 38.50%
December 31, 2018 38.89%
September 30, 2018 41.94%
June 30, 2018 40.66%
March 31, 2018 38.51%
December 31, 2017 33.77%
September 30, 2017 36.61%
June 30, 2017 35.92%
March 31, 2017 27.51%
December 31, 2016 23.74%

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.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

25.19%
Minimum
Mar 2021
39.99%
Maximum
Dec 2023
33.63%
Average
34.75%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics