Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 22.73%
June 30, 2024 22.75%
March 31, 2024 22.62%
December 31, 2023 23.24%
September 30, 2023 21.26%
June 30, 2023 22.38%
March 31, 2023 21.02%
December 31, 2022 17.16%
September 30, 2022 16.86%
June 30, 2022 20.96%
March 31, 2022 20.28%
December 31, 2021 20.30%
September 30, 2021 22.08%
June 30, 2021 22.91%
March 31, 2021 23.42%
December 31, 2020 21.47%
September 30, 2020 19.99%
June 30, 2020 20.97%
March 31, 2020 20.28%
December 31, 2019 21.46%
September 30, 2019 19.03%
June 30, 2019 18.10%
March 31, 2019 17.84%
December 31, 2018 16.95%
September 30, 2018 20.05%
Date Value
June 30, 2018 21.38%
March 31, 2018 21.52%
December 31, 2017 19.41%
September 30, 2017 19.94%
June 30, 2017 20.54%
March 31, 2017 22.82%
December 31, 2016 20.17%
September 30, 2016 21.33%
June 30, 2016 24.82%
March 31, 2016 22.66%
December 31, 2015 20.73%
September 30, 2015 21.22%
June 30, 2015 18.85%
March 31, 2015 19.06%
December 31, 2014 17.86%
September 30, 2014 18.99%
June 30, 2014 19.33%
March 31, 2014 20.59%
December 31, 2013 20.74%
September 30, 2013 20.73%
June 30, 2013 20.84%
March 31, 2013 21.27%
December 31, 2012 19.52%
September 30, 2012 19.28%
June 30, 2012 19.46%

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

16.86%
Minimum
Sep 2022
23.42%
Maximum
Mar 2021
21.21%
Average
21.36%
Median