Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2023 71.99%
March 31, 2023 74.86%
December 31, 2022 81.05%
September 30, 2022 73.32%
June 30, 2022 73.73%
March 31, 2022 74.70%
December 31, 2021 87.09%
September 30, 2021 73.51%
June 30, 2021 72.86%
March 31, 2021 72.68%
December 31, 2020 88.65%
September 30, 2020 75.71%
Date Value
June 30, 2020 76.88%
March 31, 2020 74.65%
December 31, 2019 87.31%
September 30, 2019 73.09%
June 30, 2019 74.25%
March 31, 2019 73.83%
December 31, 2018 88.61%
September 30, 2018 72.97%
June 30, 2018 73.68%
March 31, 2018 75.71%
September 30, 2017 72.27%

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

71.99%
Minimum
Jun 2023
88.65%
Maximum
Dec 2020
76.84%
Average
74.65%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks

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