Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 67.89%
March 31, 2024 66.95%
December 31, 2023 67.62%
September 30, 2023 67.61%
June 30, 2023 67.20%
March 31, 2023 66.36%
December 31, 2022 67.26%
September 30, 2022 67.32%
June 30, 2022 66.75%
March 31, 2022 65.78%
December 31, 2021 66.82%
September 30, 2021 67.23%
June 30, 2021 66.22%
March 31, 2021 65.63%
December 31, 2020 67.22%
September 30, 2020 67.79%
June 30, 2020 65.22%
Date Value
March 31, 2020 64.72%
December 31, 2019 65.75%
September 30, 2019 66.34%
June 30, 2019 66.59%
March 31, 2019 66.08%
December 31, 2018 67.41%
September 30, 2018 67.30%
June 30, 2018 66.37%
March 31, 2018 66.20%
December 31, 2017 67.65%
September 30, 2017 67.49%
June 30, 2017 67.33%
March 31, 2017 67.06%
December 31, 2016 68.19%
September 30, 2016 67.33%
June 30, 2016 69.66%
March 31, 2016 69.79%

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

64.72%
Minimum
Mar 2020
67.89%
Maximum
Jun 2024
66.70%
Average
66.95%
Median
Mar 2024

Gross Profit Margin (Quarterly) Related Metrics