Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 71.28%
March 31, 2024 70.75%
December 31, 2023 70.85%
September 30, 2023 70.70%
June 30, 2023 70.52%
March 31, 2023 68.92%
December 31, 2022 67.37%
September 30, 2022 65.03%
June 30, 2022 67.69%
March 31, 2022 64.20%
December 31, 2021 65.58%
September 30, 2021 63.13%
June 30, 2021 63.79%
March 31, 2021 63.23%
December 31, 2020 64.50%
September 30, 2020 65.15%
June 30, 2020 67.17%
March 31, 2020 64.33%
Date Value
December 31, 2019 65.03%
September 30, 2019 64.11%
June 30, 2019 62.23%
March 31, 2019 61.22%
December 31, 2018 59.72%
September 30, 2018 60.99%
June 30, 2018 62.05%
March 31, 2018 61.00%
December 31, 2017 58.45%
September 30, 2017 59.71%
June 30, 2017 64.25%
March 31, 2017 63.11%
December 31, 2016 59.29%
September 30, 2016 57.68%
June 30, 2016 56.94%
March 31, 2016 55.63%
December 31, 2015 53.53%
September 30, 2015 51.20%

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

63.13%
Minimum
Sep 2021
71.28%
Maximum
Jun 2024
66.80%
Average
65.58%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

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