Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 33.75%
March 31, 2024 30.14%
December 31, 2023 29.46%
September 30, 2023 29.82%
June 30, 2023 33.93%
March 31, 2023 28.09%
December 31, 2022 28.09%
September 30, 2022 27.33%
June 30, 2022 25.45%
March 31, 2022 20.49%
December 31, 2021 24.42%
September 30, 2021 21.22%
June 30, 2021 22.85%
March 31, 2021 16.94%
December 31, 2020 22.51%
September 30, 2020 20.95%
June 30, 2020 27.63%
March 31, 2020 20.91%
Date Value
December 31, 2019 29.15%
September 30, 2019 30.33%
June 30, 2019 32.61%
March 31, 2019 27.54%
December 31, 2018 27.55%
September 30, 2018 31.30%
June 30, 2018 34.71%
March 31, 2018 29.12%
December 31, 2017 31.25%
September 30, 2017 36.20%
June 30, 2017 37.82%
March 31, 2017 27.94%
December 31, 2016 36.39%
September 30, 2016 36.23%
June 30, 2016 36.20%
March 31, 2016 30.71%
December 31, 2015 38.08%
September 30, 2015 31.13%

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

16.94%
Minimum
Mar 2021
33.93%
Maximum
Jun 2023
25.95%
Average
27.33%
Median
Sep 2022

Gross Profit Margin (Quarterly) Related Metrics