Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 80.67%
March 31, 2024 80.69%
December 31, 2023 81.22%
September 30, 2023 81.12%
June 30, 2023 80.71%
March 31, 2023 80.57%
December 31, 2022 80.73%
September 30, 2022 80.68%
June 30, 2022 80.02%
March 31, 2022 79.56%
December 31, 2021 79.57%
September 30, 2021 79.00%
June 30, 2021 79.90%
Date Value
March 31, 2021 82.23%
December 31, 2020 84.14%
September 30, 2020 82.09%
June 30, 2020 80.41%
March 31, 2020 79.06%
December 31, 2019 81.24%
September 30, 2019 80.07%
June 30, 2019 78.87%
March 31, 2019 78.57%
December 31, 2018 81.08%
September 30, 2018 79.48%
June 30, 2018 76.57%

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

79.00%
Minimum
Sep 2021
84.14%
Maximum
Dec 2020
80.72%
Average
80.68%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics