Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 95.06%
September 30, 2023 94.94%
June 30, 2023 94.72%
December 31, 2022 98.16%
Date Value
September 30, 2022 98.34%
June 30, 2022 96.28%
March 31, 2022 98.77%

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

94.72%
Minimum
Jun 2023
98.77%
Maximum
Mar 2022
96.61%
Average
96.28%
Median
Jun 2022

Gross Profit Margin (Quarterly) Related Metrics