Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 83.43%
March 31, 2024 81.08%
December 31, 2023 75.31%
September 30, 2023 74.88%
June 30, 2023 68.47%
March 31, 2023 66.81%
December 31, 2022 47.79%
September 30, 2022 35.36%
June 30, 2022 36.74%
March 31, 2022 42.24%
December 31, 2021 52.97%
September 30, 2021 73.07%
June 30, 2021 76.89%
March 31, 2021 85.96%
December 31, 2020 92.44%
September 30, 2020 93.38%
Date Value
June 30, 2020 89.57%
March 31, 2020 92.64%
December 31, 2019 93.32%
September 30, 2019 93.76%
June 30, 2019 94.05%
March 31, 2019 94.29%
December 31, 2018 94.55%
September 30, 2018 94.62%
June 30, 2018 94.60%
March 31, 2018 94.35%
December 31, 2017 94.21%
September 30, 2017 94.31%
June 30, 2017 94.33%
March 31, 2017 95.04%
December 31, 2016 95.22%
September 30, 2016 94.63%

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

35.36%
Minimum
Sep 2022
93.38%
Maximum
Sep 2020
71.70%
Average
75.31%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics