Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 85.35%
September 30, 2023 88.30%
June 30, 2023 89.42%
March 31, 2023 90.98%
Date Value
December 31, 2022 95.75%
September 30, 2022 86.03%
June 30, 2022 90.08%
March 31, 2022 92.24%

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

85.35%
Minimum
Dec 2023
95.75%
Maximum
Dec 2022
89.77%
Average
89.75%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics