Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2021 89.34%
September 30, 2021 82.08%
June 30, 2021 89.42%
March 31, 2021 89.13%
December 31, 2020 93.10%
September 30, 2020 93.58%
June 30, 2020 95.50%
March 31, 2020 95.72%
December 31, 2019 94.40%
Date Value
September 30, 2019 87.49%
June 30, 2019 89.41%
March 31, 2019 91.16%
December 31, 2018 92.59%
September 30, 2018 90.74%
June 30, 2018 86.50%
March 31, 2018 80.79%
December 31, 2017 73.32%
September 30, 2017 47.21%

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

82.08%
Minimum
Sep 2021
95.72%
Maximum
Mar 2020
90.83%
Average
89.42%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks