Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 89.70%
June 30, 2024 89.03%
March 31, 2024 89.23%
December 31, 2023 90.30%
September 30, 2023 89.08%
June 30, 2023 91.12%
Date Value
March 31, 2023 91.63%
December 31, 2022 92.66%
September 30, 2022 92.56%
June 30, 2022 93.34%
March 31, 2022 94.14%

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

89.03%
Minimum
Jun 2024
94.14%
Maximum
Mar 2022
91.16%
Average
91.12%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics