Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 97.22%
September 30, 2023 97.32%
June 30, 2023 96.97%
March 31, 2023 97.66%
December 31, 2022 99.30%
September 30, 2022 98.42%
June 30, 2022 97.90%
March 31, 2022 98.11%
December 31, 2021 99.45%
September 30, 2021 95.13%
June 30, 2021 87.02%
Date Value
March 31, 2021 63.39%
June 30, 2016 88.24%
March 31, 2016 85.10%
December 31, 2015
September 30, 2015 70.98%
June 30, 2015 87.35%
March 31, 2015 83.28%
December 31, 2014 77.83%
September 30, 2014 76.12%
June 30, 2014 70.62%
March 31, 2014 70.89%

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

63.39%
Minimum
Mar 2021
99.45%
Maximum
Dec 2021
93.99%
Average
97.49%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics