Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 87.74%
March 31, 2024 88.85%
December 31, 2023 77.78%
September 30, 2023 77.84%
June 30, 2023 83.07%
March 31, 2023 93.95%
December 31, 2022 92.69%
September 30, 2022 87.56%
June 30, 2022 88.73%
March 31, 2022 84.59%
December 31, 2021 84.49%
September 30, 2021 84.16%
June 30, 2021 86.24%
March 31, 2021 86.02%
December 31, 2020 85.42%
September 30, 2020 89.30%
June 30, 2020 85.82%
March 31, 2020 83.52%
December 31, 2019 86.45%
September 30, 2019 87.15%
June 30, 2019 89.74%
March 31, 2019 86.43%
December 31, 2018 84.15%
Date Value
September 30, 2018 70.29%
June 30, 2018 86.74%
March 31, 2018 86.21%
December 31, 2017 82.37%
September 30, 2017 85.56%
June 30, 2017 80.72%
March 31, 2017 81.95%
December 31, 2016 59.81%
September 30, 2016 82.78%
June 30, 2016 88.71%
March 31, 2016 88.83%
December 31, 2015 86.65%
September 30, 2015 90.38%
June 30, 2015 21.29%
March 31, 2015 79.79%
December 31, 2014 0.37%
September 30, 2014 2.97%
June 30, 2014 4.14%
March 31, 2014 95.18%
December 31, 2013 96.99%
September 30, 2013 96.59%
June 30, 2013 97.04%
March 31, 2013 96.19%

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

77.78%
Minimum
Dec 2023
93.95%
Maximum
Mar 2023
86.01%
Average
86.02%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks