Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 67.15%
March 31, 2024 64.94%
December 31, 2023 66.13%
September 30, 2023 65.91%
June 30, 2023 66.48%
March 31, 2023 63.49%
December 31, 2022 64.90%
September 30, 2022 64.81%
June 30, 2022 64.45%
March 31, 2022 62.37%
December 31, 2021 66.51%
September 30, 2021 68.17%
June 30, 2021 66.41%
Date Value
March 31, 2021 65.48%
December 31, 2020 62.65%
September 30, 2020 67.10%
June 30, 2020 66.22%
March 31, 2020 65.63%
December 31, 2019 65.50%
September 30, 2019 64.15%
June 30, 2019 63.84%
March 31, 2019 61.86%
December 31, 2018 47.35%
September 30, 2018 61.30%
June 30, 2018 58.06%

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

62.37%
Minimum
Mar 2022
68.17%
Maximum
Sep 2021
65.49%
Average
65.63%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics