Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 37.97%
March 31, 2024 44.23%
December 31, 2023 42.47%
September 30, 2023 39.66%
June 30, 2023 37.69%
March 31, 2023 37.82%
December 31, 2022 42.75%
September 30, 2022 38.94%
June 30, 2022 43.67%
March 31, 2022 42.26%
December 31, 2021 45.10%
September 30, 2021 41.51%
June 30, 2021 44.09%
March 31, 2021 16.36%
December 31, 2020 22.16%
September 30, 2020 24.46%
June 30, 2020 22.65%
March 31, 2020 18.18%
December 31, 2019 22.30%
September 30, 2019 30.20%
June 30, 2019 28.82%
March 31, 2019 25.05%
December 31, 2018 34.08%
September 30, 2018 29.74%
June 30, 2018 33.40%
Date Value
March 31, 2018 35.21%
December 31, 2017 35.61%
September 30, 2017 35.09%
June 30, 2017 36.19%
March 31, 2017 24.43%
December 31, 2016 35.31%
September 30, 2016 33.60%
June 30, 2016 37.82%
March 31, 2016 33.73%
December 31, 2015 34.64%
September 30, 2015 40.16%
June 30, 2015 37.43%
March 31, 2015 38.26%
December 31, 2014 39.36%
September 30, 2014 38.14%
June 30, 2014 38.96%
March 31, 2014 44.12%
December 31, 2013 38.00%
September 30, 2013 38.10%
June 30, 2013 39.90%
March 31, 2013 39.81%
December 31, 2012 33.93%
September 30, 2012 33.30%
June 30, 2012 29.89%
March 31, 2012 36.05%

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

16.36%
Minimum
Mar 2021
45.10%
Maximum
Dec 2021
34.96%
Average
38.94%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics