Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 79.70%
June 30, 2024 79.96%
March 31, 2024 78.49%
December 31, 2023 78.71%
September 30, 2023 80.20%
June 30, 2023 81.45%
March 31, 2023 79.60%
December 31, 2022 80.96%
September 30, 2022 80.54%
June 30, 2022 81.17%
March 31, 2022 81.49%
December 31, 2021 82.97%
September 30, 2021 81.46%
June 30, 2021 81.35%
March 31, 2021 80.61%
December 31, 2020 82.41%
September 30, 2020 81.71%
June 30, 2020 81.36%
March 31, 2020 79.86%
December 31, 2019 79.99%
September 30, 2019 79.83%
June 30, 2019 79.08%
March 31, 2019 78.34%
December 31, 2018 78.37%
September 30, 2018 76.41%
Date Value
June 30, 2018 77.40%
March 31, 2018 77.17%
December 31, 2017 77.05%
September 30, 2017 77.59%
June 30, 2017 76.69%
March 31, 2017 77.34%
December 31, 2016 78.92%
September 30, 2016 80.15%
June 30, 2016 79.37%
March 31, 2016 78.52%
December 31, 2015 76.62%
September 30, 2015 71.58%
June 30, 2015 73.85%
March 31, 2015 71.45%
December 31, 2014 72.50%
September 30, 2014 73.26%
June 30, 2014 73.27%
March 31, 2014 71.75%
December 31, 2013 72.53%
September 30, 2013 71.75%
June 30, 2013 70.55%
March 31, 2013 67.70%
December 31, 2012 68.55%
September 30, 2012 67.83%
June 30, 2012 66.94%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

78.49%
Minimum
Mar 2024
82.97%
Maximum
Dec 2021
80.70%
Average
80.78%
Median

Gross Profit Margin (Quarterly) Benchmarks