Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 77.82%
December 31, 2023 74.03%
September 30, 2023
June 30, 2023
March 31, 2023
December 31, 2022 77.90%
September 30, 2022
June 30, 2022
March 31, 2022 77.21%
December 31, 2021 78.73%
September 30, 2021
June 30, 2021
March 31, 2021 74.43%
December 31, 2020 81.96%
September 30, 2020
June 30, 2020
March 31, 2020 83.56%
December 31, 2019 85.86%
September 30, 2019
June 30, 2019
March 31, 2019 80.31%
December 31, 2018 77.25%
September 30, 2018 99.88%
Date Value
June 30, 2018 99.01%
March 31, 2018 98.04%
December 31, 2017 33.11%
September 30, 2017 98.61%
June 30, 2017 97.87%
March 31, 2017 82.77%
December 31, 2016 74.28%
September 30, 2016 97.67%
June 30, 2016 96.09%
March 31, 2016 80.18%
December 31, 2015 74.66%
September 30, 2015 96.84%
June 30, 2015 96.95%
March 31, 2015 96.16%
December 31, 2014 54.03%
September 30, 2014 96.68%
June 30, 2014 92.84%
March 31, 2014 92.95%
December 31, 2013 68.19%
September 30, 2013 97.75%
June 30, 2013 96.07%
March 31, 2013 98.53%

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

74.03%
Minimum
Dec 2023
85.86%
Maximum
Dec 2019
79.06%
Average
77.90%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics