Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 95.62%
June 30, 2024 96.34%
March 31, 2024
December 31, 2023
September 30, 2023 96.09%
June 30, 2023 95.73%
March 31, 2023
December 31, 2022
September 30, 2022
Date Value
June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021 98.94%
December 31, 2020
September 30, 2020
June 30, 2020 98.69%

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

95.62%
Minimum
Sep 2024
98.94%
Maximum
Mar 2021
96.90%
Average
96.21%
Median

Gross Profit Margin (Quarterly) Related Metrics