Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 71.93%
March 31, 2024 78.21%
December 31, 2023 78.91%
September 30, 2023 79.49%
June 30, 2023 71.79%
March 31, 2023 76.35%
December 31, 2022 76.51%
September 30, 2022 78.46%
June 30, 2022 77.35%
March 31, 2022 76.80%
December 31, 2021 78.09%
September 30, 2021 77.89%
June 30, 2021 78.17%
March 31, 2021 75.50%
December 31, 2020 77.10%
Date Value
September 30, 2020 75.56%
June 30, 2020 76.24%
March 31, 2020 76.00%
December 31, 2019 74.56%
September 30, 2019 76.14%
June 30, 2019 78.25%
March 31, 2019 73.54%
December 31, 2018 70.84%
September 30, 2018 75.67%
June 30, 2018 68.91%
March 31, 2018 68.43%
December 31, 2017 79.73%
September 30, 2017 64.61%
June 30, 2017 74.08%
March 31, 2017 61.42%

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

71.79%
Minimum
Jun 2023
79.49%
Maximum
Sep 2023
76.57%
Average
76.80%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics