Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 89.13%
March 31, 2024 94.16%
December 31, 2023 95.02%
September 30, 2023 92.18%
June 30, 2023 83.00%
March 31, 2023 93.31%
December 31, 2022 91.56%
September 30, 2022 92.69%
June 30, 2022 86.41%
March 31, 2022 91.55%
December 31, 2021 88.27%
September 30, 2021 94.39%
June 30, 2021 87.36%
March 31, 2021 90.34%
December 31, 2020 89.39%
September 30, 2020 94.80%
June 30, 2020 93.82%
March 31, 2020 91.89%
December 31, 2019 94.43%
September 30, 2019 90.92%
June 30, 2019 94.03%
March 31, 2019 90.69%
December 31, 2018 94.04%
September 30, 2018 94.19%
June 30, 2018 84.53%
Date Value
March 31, 2018 88.05%
December 31, 2017 91.18%
September 30, 2017 91.85%
June 30, 2017 84.89%
March 31, 2017 93.65%
December 31, 2016 85.87%
September 30, 2016 88.90%
June 30, 2016 85.39%
March 31, 2016 88.22%
December 31, 2015 88.08%
September 30, 2015 89.25%
June 30, 2015 84.91%
March 31, 2015 87.03%
December 31, 2014 70.53%
September 30, 2014 88.04%
June 30, 2014 86.77%
March 31, 2014 78.51%
December 31, 2013 84.80%
September 30, 2013 82.61%
June 30, 2013 79.46%
March 31, 2013 63.01%
December 31, 2012
September 30, 2012 85.25%
June 30, 2012 84.32%
March 31, 2012 75.21%

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

83.00%
Minimum
Jun 2023
95.02%
Maximum
Dec 2023
91.25%
Average
91.89%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics