Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 81.59%
March 31, 2024 77.59%
December 31, 2023 82.69%
September 30, 2023 86.49%
June 30, 2023 82.61%
March 31, 2023 76.46%
December 31, 2022 81.86%
September 30, 2022 86.10%
June 30, 2022 81.46%
March 31, 2022 75.94%
Date Value
December 31, 2021 80.72%
September 30, 2021 86.07%
June 30, 2021 77.95%
March 31, 2021 71.30%
December 31, 2020 75.59%
September 30, 2020 83.06%
June 30, 2020 51.85%
March 31, 2020 67.00%
December 31, 2019 73.47%

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

51.85%
Minimum
Jun 2020
86.49%
Maximum
Sep 2023
77.88%
Average
80.72%
Median
Dec 2021

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