Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 85.56%
June 30, 2024 84.70%
March 31, 2024 83.98%
December 31, 2023 84.97%
September 30, 2023 84.35%
June 30, 2023 83.73%
March 31, 2023 82.55%
December 31, 2022 83.87%
September 30, 2022 84.31%
June 30, 2022 83.69%
March 31, 2022 83.95%
December 31, 2021 84.90%
September 30, 2021 84.22%
June 30, 2021 84.19%
March 31, 2021 87.46%
December 31, 2020 88.23%
September 30, 2020 88.77%
June 30, 2020 89.31%
March 31, 2020 87.89%
December 31, 2019 86.80%
September 30, 2019 87.18%
Date Value
June 30, 2019 86.43%
March 31, 2019 86.64%
December 31, 2018 87.41%
September 30, 2018 86.65%
June 30, 2018 85.92%
March 31, 2018 85.76%
December 31, 2017 84.89%
September 30, 2017 86.36%
June 30, 2017 86.18%
March 31, 2017 85.73%
December 31, 2016 86.40%
September 30, 2016 86.02%
June 30, 2016 85.13%
March 31, 2016 84.87%
December 31, 2015 79.21%
September 30, 2015 7.36%
June 30, 2015 6.25%
March 31, 2015 7.71%
December 31, 2014 -35.33%
September 30, 2014 17.91%

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

82.55%
Minimum
Mar 2023
89.31%
Maximum
Jun 2020
85.37%
Average
84.53%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics