Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 82.23%
December 31, 2023 76.77%
September 30, 2023 82.55%
June 30, 2023 82.69%
March 31, 2023 69.04%
December 31, 2022 76.70%
September 30, 2022 85.65%
June 30, 2022 80.27%
March 31, 2022 72.00%
December 31, 2021 76.22%
September 30, 2021
June 30, 2021 94.67%
March 31, 2021 69.76%
December 31, 2020 78.12%
September 30, 2020 85.99%
June 30, 2020 81.79%
March 31, 2020 73.74%
December 31, 2019 78.15%
September 30, 2019 85.48%
June 30, 2019 82.55%
March 31, 2019 69.42%
December 31, 2018 78.72%
Date Value
September 30, 2018 71.04%
June 30, 2018 80.83%
March 31, 2018 74.93%
December 31, 2017 90.82%
September 30, 2017 70.06%
June 30, 2017 72.31%
March 31, 2017 71.70%
December 31, 2016 44.65%
September 30, 2016 68.71%
June 30, 2016 71.58%
March 31, 2016 72.55%
December 31, 2015 42.91%
September 30, 2015 78.99%
June 30, 2015 59.06%
March 31, 2015 77.92%
December 31, 2014 45.52%
September 30, 2014 74.44%
June 30, 2014 60.94%
March 31, 2014 72.31%
December 31, 2013 53.86%
September 30, 2013 84.96%

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

69.04%
Minimum
Mar 2023
94.67%
Maximum
Jun 2021
79.20%
Average
78.15%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics