Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2020 80.24%
September 30, 2020 79.74%
December 31, 2019
September 30, 2019 92.86%
June 30, 2019 91.05%
Date Value
March 31, 2019 93.52%
December 31, 2018 99.19%
September 30, 2018
June 30, 2018 95.66%

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

79.74%
Minimum
Sep 2020
92.86%
Maximum
Sep 2019
85.97%
Average
85.64%
Median