Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 76.96%
March 31, 2024 79.00%
December 31, 2023 76.14%
September 30, 2023 73.17%
June 30, 2023 77.52%
March 31, 2023 75.10%
December 31, 2022 77.56%
September 30, 2022 72.92%
June 30, 2022 73.72%
March 31, 2022 75.69%
December 31, 2021 75.82%
September 30, 2021 73.48%
June 30, 2021 75.62%
March 31, 2021 78.42%
December 31, 2020 77.78%
September 30, 2020 72.70%
June 30, 2020 74.90%
March 31, 2020 77.21%
December 31, 2019 74.40%
September 30, 2019 73.33%
June 30, 2019 74.30%
March 31, 2019 77.08%
December 31, 2018 76.27%
September 30, 2018 74.33%
June 30, 2018 74.37%
Date Value
March 31, 2018 75.38%
December 31, 2017 75.55%
September 30, 2017 75.57%
June 30, 2017 77.34%
March 31, 2017 77.84%
December 31, 2016 75.34%
September 30, 2016 76.18%
June 30, 2016 77.43%
March 31, 2016 76.84%
December 31, 2015 74.64%
September 30, 2015 73.10%
June 30, 2015 72.74%
March 31, 2015 74.75%
December 31, 2014 75.06%
September 30, 2014 73.98%
June 30, 2014 74.15%
March 31, 2014 76.72%
December 31, 2013 76.10%
September 30, 2013 73.75%
June 30, 2013 74.99%
March 31, 2013 77.80%
December 31, 2012 75.81%
September 30, 2012 73.93%
June 30, 2012 73.36%
March 31, 2012 77.18%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

72.70%
Minimum
Sep 2020
79.00%
Maximum
Mar 2024
75.69%
Average
75.69%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics