Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2022 73.48%
September 30, 2022 74.35%
June 30, 2022 74.85%
March 31, 2022 70.00%
December 31, 2021 70.80%
September 30, 2021 70.25%
June 30, 2021 66.78%
March 31, 2021 68.96%
December 31, 2020 67.53%
September 30, 2020 68.58%
June 30, 2020 59.38%
March 31, 2020 72.25%
December 31, 2019 70.29%
September 30, 2019 72.46%
June 30, 2019 71.65%
March 31, 2019 72.04%
December 31, 2018 70.50%
September 30, 2018 70.11%
June 30, 2018 72.03%
March 31, 2018 68.17%
December 31, 2017 71.48%
September 30, 2017 70.43%
June 30, 2017 72.42%
March 31, 2017 70.34%
December 31, 2016 70.16%
Date Value
September 30, 2016 71.06%
June 30, 2016 70.90%
March 31, 2016 70.90%
December 31, 2015 71.22%
September 30, 2015 75.74%
June 30, 2015 74.74%
March 31, 2015 73.62%
December 31, 2014 77.66%
September 30, 2014 72.20%
June 30, 2014 68.38%
March 31, 2014 75.19%
December 31, 2013 79.32%
September 30, 2013 76.08%
June 30, 2013 73.96%
March 31, 2013 75.26%
December 31, 2012 78.13%
September 30, 2012 75.13%
June 30, 2012 75.23%
March 31, 2012 79.67%
December 31, 2011 79.31%
September 30, 2011 79.20%
June 30, 2011 81.57%
March 31, 2011 81.00%
December 31, 2010 80.38%
September 30, 2010 79.76%

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

59.38%
Minimum
Jun 2020
74.85%
Maximum
Jun 2022
69.81%
Average
70.25%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks