Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 80.87%
March 31, 2024 81.69%
December 31, 2023 78.18%
September 30, 2023 78.91%
June 30, 2023 77.62%
March 31, 2023 78.63%
December 31, 2022 78.27%
September 30, 2022 77.94%
June 30, 2022 77.75%
March 31, 2022 79.75%
Date Value
December 31, 2021 77.75%
September 30, 2021 78.43%
June 30, 2021 76.13%
March 31, 2021 77.80%
December 31, 2020 76.97%
September 30, 2020 79.00%
June 30, 2020 80.08%
March 31, 2020 80.86%
December 31, 2019 80.34%
September 30, 2019 81.21%

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

76.13%
Minimum
Jun 2021
81.69%
Maximum
Mar 2024
78.79%
Average
78.43%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks

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