Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 79.66%
March 31, 2024 80.88%
December 31, 2023 81.37%
September 30, 2023 79.71%
June 30, 2023 79.05%
March 31, 2023 80.13%
December 31, 2022 77.37%
September 30, 2022 78.56%
June 30, 2022 78.08%
March 31, 2022 81.88%
December 31, 2021 80.33%
September 30, 2021 83.69%
June 30, 2021 82.07%
March 31, 2021 84.49%
December 31, 2020 81.98%
September 30, 2020 86.13%
June 30, 2020 76.61%
March 31, 2020 82.62%
December 31, 2019 76.97%
September 30, 2019 78.99%
June 30, 2019 79.92%
March 31, 2019 80.09%
December 31, 2018 78.84%
September 30, 2018 79.55%
June 30, 2018 80.06%
Date Value
March 31, 2018 81.19%
December 31, 2017 34.26%
September 30, 2017 33.83%
June 30, 2017 34.48%
March 31, 2017 35.49%
December 31, 2016 36.20%
September 30, 2016 35.78%
June 30, 2016 36.23%
March 31, 2016 36.29%
December 31, 2015 38.20%
September 30, 2015 37.81%
June 30, 2015 38.35%
March 31, 2015 38.78%
December 31, 2014 28.39%
September 30, 2014 25.37%
June 30, 2014 24.54%
March 31, 2014 24.79%
December 31, 2013 24.63%
September 30, 2013 23.95%
June 30, 2013 25.05%
March 31, 2013 24.33%
December 31, 2012 24.71%
September 30, 2012 25.66%
June 30, 2012 26.51%
March 31, 2012 24.66%

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

76.61%
Minimum
Jun 2020
86.13%
Maximum
Sep 2020
80.61%
Average
80.33%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks