Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 74.86%
March 31, 2024 75.17%
December 31, 2023 75.85%
September 30, 2023 75.59%
June 30, 2023 74.33%
March 31, 2023 74.62%
December 31, 2022 76.16%
September 30, 2022 75.85%
June 30, 2022 74.37%
March 31, 2022 74.49%
December 31, 2021 75.75%
September 30, 2021 77.66%
June 30, 2021 76.92%
March 31, 2021 77.86%
December 31, 2020 79.96%
September 30, 2020 81.16%
June 30, 2020 79.89%
March 31, 2020 80.55%
Date Value
December 31, 2019 81.16%
September 30, 2019 79.59%
June 30, 2019 78.55%
March 31, 2019 78.76%
December 31, 2018 77.72%
September 30, 2018 76.99%
June 30, 2018 78.60%
March 31, 2018 77.37%
December 31, 2017 78.11%
September 30, 2017 76.07%
June 30, 2017 75.33%
March 31, 2017 75.88%
December 31, 2016 78.47%
September 30, 2016 76.58%
June 30, 2016 75.67%
March 31, 2016 73.87%
December 31, 2015 74.07%
September 30, 2015 72.56%

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

74.33%
Minimum
Jun 2023
81.16%
Maximum
Sep 2020
76.96%
Average
75.85%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics