Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 83.19%
June 30, 2024 83.91%
March 31, 2024 85.00%
December 31, 2023 84.79%
September 30, 2023 83.91%
June 30, 2023 84.03%
March 31, 2023 83.36%
December 31, 2022 78.97%
September 30, 2022 78.34%
June 30, 2022 76.13%
Date Value
March 31, 2022 76.72%
December 31, 2021 73.10%
September 30, 2021 74.20%
June 30, 2021 70.77%
March 31, 2021 69.69%
December 31, 2020 78.40%
September 30, 2020 78.74%
June 30, 2020 72.40%
March 31, 2020 74.85%

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

69.69%
Minimum
Mar 2021
85.00%
Maximum
Mar 2024
78.45%
Average
78.40%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics