Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 81.03%
March 31, 2024 82.97%
December 31, 2023 81.67%
September 30, 2023 81.63%
June 30, 2023 82.24%
March 31, 2023 82.08%
December 31, 2022 81.74%
September 30, 2022 80.38%
June 30, 2022 78.30%
March 31, 2022 77.63%
December 31, 2021 78.02%
September 30, 2021 74.79%
Date Value
June 30, 2021 74.07%
March 31, 2021 74.16%
December 31, 2020 74.15%
September 30, 2020 73.80%
June 30, 2020 76.02%
March 31, 2020 75.48%
December 31, 2019 74.96%
September 30, 2019 74.00%
June 30, 2019 73.21%
March 31, 2019 71.98%
December 31, 2018 72.40%
September 30, 2018 71.72%

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

73.80%
Minimum
Sep 2020
82.97%
Maximum
Mar 2024
78.16%
Average
78.02%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

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