Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2023 90.68%
June 30, 2023 86.92%
March 31, 2023
December 31, 2022
September 30, 2022 92.61%
June 30, 2022 92.11%
March 31, 2022 88.18%
December 31, 2021 86.59%
September 30, 2021 89.64%
June 30, 2021 90.19%
March 31, 2021 88.86%
December 31, 2020 88.16%
September 30, 2020 87.68%
Date Value
June 30, 2020 84.24%
March 31, 2020 88.57%
December 31, 2019 94.68%
September 30, 2019 78.18%
June 30, 2019 75.30%
March 31, 2019 84.25%
December 31, 2018 84.47%
September 30, 2018 86.54%
June 30, 2018 92.35%
March 31, 2018 86.14%
December 31, 2017 94.31%
September 30, 2017 92.05%

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

84.24%
Minimum
Jun 2020
94.68%
Maximum
Dec 2019
89.22%
Average
88.71%
Median