Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 82.85%
June 30, 2024 89.59%
March 31, 2024 86.65%
December 31, 2023 80.47%
September 30, 2023 88.77%
June 30, 2023 73.22%
March 31, 2023 82.82%
December 31, 2022 84.70%
September 30, 2022 84.44%
June 30, 2022 81.85%
March 31, 2022 83.29%
December 31, 2021 85.43%
September 30, 2021 82.59%
Date Value
June 30, 2021 82.43%
March 31, 2021 82.51%
December 31, 2020 85.92%
September 30, 2020 82.68%
June 30, 2020 80.83%
March 31, 2020 86.63%
December 31, 2019 83.01%
September 30, 2019 92.56%
June 30, 2019 90.33%
March 31, 2019 89.95%
December 31, 2018 92.08%
September 30, 2018 93.38%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

73.22%
Minimum
Jun 2023
89.59%
Maximum
Jun 2024
83.53%
Average
82.93%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics