Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 76.10%
June 30, 2024 75.70%
March 31, 2024 72.57%
December 31, 2023 73.71%
September 30, 2023 72.30%
June 30, 2023 69.48%
March 31, 2023 69.97%
December 31, 2022 70.46%
September 30, 2022 72.75%
Date Value
June 30, 2022 71.97%
March 31, 2022 70.62%
December 31, 2021 71.62%
September 30, 2021 71.77%
June 30, 2021 74.15%
March 31, 2021 72.22%
December 31, 2020 77.03%
September 30, 2020 74.23%

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

69.48%
Minimum
Jun 2023
77.03%
Maximum
Dec 2020
72.74%
Average
72.30%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics