Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 80.04%
June 30, 2024 80.86%
March 31, 2024 81.99%
December 31, 2023 82.22%
September 30, 2023 81.13%
June 30, 2023 80.01%
March 31, 2023 79.26%
December 31, 2022 79.39%
September 30, 2022 78.56%
June 30, 2022 79.83%
March 31, 2022 79.49%
December 31, 2021 79.41%
September 30, 2021 76.59%
Date Value
June 30, 2021 75.55%
March 31, 2021 76.50%
December 31, 2020 76.99%
September 30, 2020 78.03%
June 30, 2020 79.37%
March 31, 2020 79.83%
December 31, 2019 77.36%
September 30, 2019 75.70%
June 30, 2019 74.79%
March 31, 2019 72.95%
December 31, 2018 74.29%
September 30, 2018 76.31%

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

75.55%
Minimum
Jun 2021
82.22%
Maximum
Dec 2023
79.12%
Average
79.40%
Median

Gross Profit Margin (Quarterly) Benchmarks