Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2023 93.83%
December 31, 2022
September 30, 2022 92.51%
June 30, 2022 96.66%
March 31, 2022 93.35%
Date Value
December 31, 2021
September 30, 2021 90.56%
June 30, 2021 96.76%
March 31, 2021 93.74%

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

90.56%
Minimum
Sep 2021
96.76%
Maximum
Jun 2021
93.92%
Average
93.74%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks