Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 72.91%
June 30, 2024 73.45%
March 31, 2024 73.03%
December 31, 2023 73.13%
September 30, 2023 73.66%
June 30, 2023 73.36%
March 31, 2023 72.77%
December 31, 2022 73.25%
September 30, 2022 72.62%
June 30, 2022 72.99%
Date Value
March 31, 2022 73.54%
December 31, 2021 72.67%
September 30, 2021 71.57%
June 30, 2021 72.56%
March 31, 2021 72.87%
December 31, 2020 73.35%
September 30, 2020 71.08%
June 30, 2020 70.49%
March 31, 2020 70.78%

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

70.49%
Minimum
Jun 2020
73.66%
Maximum
Sep 2023
72.64%
Average
72.91%
Median
Sep 2024

Gross Profit Margin (Quarterly) Benchmarks

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