Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 73.42%
March 31, 2024 73.99%
December 31, 2023 74.42%
September 30, 2023 75.52%
June 30, 2023 74.65%
March 31, 2023 71.14%
December 31, 2022 70.51%
September 30, 2022 70.66%
Date Value
June 30, 2022 70.65%
March 31, 2022 69.73%
December 31, 2021 68.86%
September 30, 2021 69.25%
June 30, 2021 69.09%
March 31, 2021 69.03%
December 31, 2020 69.40%
September 30, 2020 70.55%

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

68.86%
Minimum
Dec 2021
75.52%
Maximum
Sep 2023
71.30%
Average
70.60%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics