Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 74.27%
September 30, 2023 79.87%
June 30, 2023 82.56%
March 31, 2023 81.88%
December 31, 2022 82.47%
September 30, 2022 82.13%
June 30, 2022 82.61%
March 31, 2022 82.36%
Date Value
December 31, 2021 83.68%
September 30, 2021 83.64%
June 30, 2021 83.42%
March 31, 2021 84.74%
December 31, 2020 84.81%
September 30, 2020 84.88%
June 30, 2020 84.07%
March 31, 2020 82.63%

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

74.27%
Minimum
Dec 2023
84.88%
Maximum
Sep 2020
82.50%
Average
82.62%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics