Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 79.97%
March 31, 2024 80.86%
December 31, 2023 82.23%
September 30, 2023 78.17%
June 30, 2023 77.95%
March 31, 2023 77.75%
December 31, 2022 79.41%
September 30, 2022 78.74%
June 30, 2022 78.42%
March 31, 2022 78.02%
December 31, 2021 83.02%
September 30, 2021 80.74%
June 30, 2021 80.16%
March 31, 2021 81.44%
December 31, 2020 84.29%
September 30, 2020 79.00%
June 30, 2020 80.85%
March 31, 2020 84.01%
December 31, 2019 87.01%
September 30, 2019 84.29%
June 30, 2019 84.82%
March 31, 2019 85.86%
December 31, 2018 87.78%
Date Value
September 30, 2018 85.65%
June 30, 2018 84.93%
March 31, 2018 84.27%
December 31, 2017 85.54%
September 30, 2017 83.09%
June 30, 2017 82.60%
March 31, 2017 84.30%
December 31, 2016 86.39%
September 30, 2016 85.36%
June 30, 2016 86.28%
March 31, 2016 86.28%
December 31, 2015 86.79%
September 30, 2015 86.19%
June 30, 2015 83.30%
March 31, 2015 87.07%
December 31, 2014 87.57%
September 30, 2014 87.36%
June 30, 2014 83.09%
March 31, 2014 82.45%
December 31, 2013 87.26%
September 30, 2013 87.31%
June 30, 2013 86.39%
March 31, 2013 83.24%

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

77.75%
Minimum
Mar 2023
87.01%
Maximum
Dec 2019
80.63%
Average
80.16%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics