Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 88.66%
March 31, 2024 89.38%
December 31, 2023 88.67%
September 30, 2023 88.24%
June 30, 2023 88.47%
March 31, 2023 88.53%
December 31, 2022 87.61%
September 30, 2022 88.52%
June 30, 2022 88.75%
March 31, 2022 89.59%
December 31, 2021 89.60%
September 30, 2021 89.38%
June 30, 2021 89.42%
March 31, 2021 89.97%
December 31, 2020 89.00%
September 30, 2020 89.32%
June 30, 2020 89.26%
March 31, 2020 89.30%
December 31, 2019 87.96%
September 30, 2019 88.49%
June 30, 2019 88.78%
March 31, 2019 89.01%
December 31, 2018 87.62%
September 30, 2018 88.39%
June 30, 2018 87.90%
Date Value
March 31, 2018 89.01%
December 31, 2017 87.48%
September 30, 2017 87.55%
June 30, 2017 87.73%
March 31, 2017 88.06%
December 31, 2016 87.51%
September 30, 2016 86.64%
June 30, 2016 86.98%
March 31, 2016 87.11%
December 31, 2015 84.63%
September 30, 2015 86.54%
June 30, 2015 87.18%
March 31, 2015 86.62%
December 31, 2014 85.79%
September 30, 2014 86.34%
June 30, 2014 86.07%
March 31, 2014 86.31%
December 31, 2013 85.03%
September 30, 2013 84.68%
June 30, 2013 85.89%
March 31, 2013 86.57%
December 31, 2012 84.16%
September 30, 2012 86.86%
June 30, 2012 87.84%
March 31, 2012 86.44%

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

87.61%
Minimum
Dec 2022
89.97%
Maximum
Mar 2021
88.93%
Average
89.00%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics