Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 73.09%
March 31, 2024 74.64%
December 31, 2023 76.39%
September 30, 2023 73.69%
June 30, 2023 71.15%
March 31, 2023 73.31%
December 31, 2022 71.99%
September 30, 2022 71.36%
June 30, 2022 69.75%
March 31, 2022 72.94%
December 31, 2021 73.12%
September 30, 2021 71.32%
June 30, 2021 68.87%
March 31, 2021 73.52%
December 31, 2020 73.12%
September 30, 2020 72.12%
June 30, 2020 68.32%
Date Value
March 31, 2020 69.42%
December 31, 2019 66.81%
September 30, 2019 63.80%
June 30, 2019 64.69%
March 31, 2019 60.09%
December 31, 2018 63.12%
September 30, 2018 63.43%
June 30, 2018 63.97%
March 31, 2018 59.28%
December 31, 2017 63.10%
September 30, 2017 62.79%
June 30, 2017 61.49%
March 31, 2017 66.89%
December 31, 2016 68.59%
September 30, 2016 63.56%
June 30, 2016 58.24%
March 31, 2016 58.96%

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

66.81%
Minimum
Dec 2019
76.39%
Maximum
Dec 2023
71.84%
Average
72.12%
Median
Sep 2020

Gross Profit Margin (Quarterly) Benchmarks

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