Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 63.93%
June 30, 2024 65.59%
March 31, 2024 65.60%
December 31, 2023 65.22%
September 30, 2023 67.66%
June 30, 2023 62.32%
March 31, 2023 64.65%
December 31, 2022 64.28%
September 30, 2022 68.09%
June 30, 2022 66.65%
March 31, 2022 64.85%
December 31, 2021 68.60%
September 30, 2021 67.56%
June 30, 2021 67.10%
March 31, 2021 66.22%
December 31, 2020 54.31%
Date Value
September 30, 2020 66.55%
June 30, 2020 69.07%
March 31, 2020 63.22%
December 31, 2019 67.46%
September 30, 2019 62.30%
June 30, 2019 60.01%
March 31, 2019 54.15%
December 31, 2018 60.21%
September 30, 2018 62.10%
June 30, 2018 59.94%
March 31, 2018 53.42%
December 31, 2017 55.57%
September 30, 2017 49.21%
June 30, 2017 47.82%
March 31, 2017 49.28%

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

54.31%
Minimum
Dec 2020
69.07%
Maximum
Jun 2020
65.45%
Average
65.91%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics