Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 90.27%
March 31, 2024 89.51%
December 31, 2023 89.73%
September 30, 2023 89.27%
June 30, 2023 88.19%
March 31, 2023 87.92%
December 31, 2022 86.06%
September 30, 2022 83.29%
Date Value
June 30, 2022 83.43%
March 31, 2022 84.62%
December 31, 2021 84.11%
September 30, 2021 84.56%
June 30, 2021 85.24%
March 31, 2021 84.84%
December 31, 2020 83.22%

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

83.22%
Minimum
Dec 2020
90.27%
Maximum
Jun 2024
86.28%
Average
85.24%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics