Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 79.13%
June 30, 2024 78.36%
March 31, 2024 78.52%
December 31, 2023 77.43%
September 30, 2023 78.20%
June 30, 2023 78.15%
March 31, 2023 76.76%
December 31, 2022 76.83%
September 30, 2022 76.48%
Date Value
June 30, 2022 74.55%
March 31, 2022 73.21%
December 31, 2021 74.01%
September 30, 2021 78.36%
June 30, 2021 76.10%
March 31, 2021 75.73%
December 31, 2020 73.45%
September 30, 2020 74.59%

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

73.21%
Minimum
Mar 2022
79.13%
Maximum
Sep 2024
76.46%
Average
76.76%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics