Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 37.94%
March 31, 2024 38.34%
December 31, 2023 36.52%
September 30, 2023 36.50%
June 30, 2023 36.99%
March 31, 2023 37.50%
December 31, 2022 36.33%
September 30, 2022 36.68%
June 30, 2022 36.38%
March 31, 2022 37.28%
December 31, 2021 35.72%
September 30, 2021 35.75%
June 30, 2021 36.14%
March 31, 2021 37.21%
December 31, 2020 36.71%
September 30, 2020 37.07%
June 30, 2020 37.29%
March 31, 2020 36.07%
December 31, 2019 34.36%
September 30, 2019 33.10%
June 30, 2019 32.83%
March 31, 2019 34.26%
December 31, 2018 33.16%
September 30, 2018 33.36%
June 30, 2018 33.18%
Date Value
March 31, 2018 34.54%
December 31, 2017 47.32%
September 30, 2017 28.72%
June 30, 2017 28.88%
March 31, 2017 29.83%
December 31, 2016 46.63%
September 30, 2016 28.14%
June 30, 2016 29.64%
March 31, 2016 30.86%
December 31, 2015 28.89%
September 30, 2015 28.95%
June 30, 2015 29.22%
March 31, 2015 30.06%
December 31, 2014 28.76%
September 30, 2014 29.49%
June 30, 2014 30.12%
March 31, 2014 30.98%
December 31, 2013 28.64%
September 30, 2013 30.00%
June 30, 2013 30.05%
March 31, 2013 30.32%
December 31, 2012 28.48%
September 30, 2012 28.70%
June 30, 2012 30.39%
March 31, 2012 31.08%

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

34.36%
Minimum
Dec 2019
38.34%
Maximum
Mar 2024
36.67%
Average
36.68%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics