Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 80.54%
June 30, 2024 91.63%
March 31, 2024 97.83%
December 31, 2023 92.96%
Date Value
September 30, 2023 94.92%
June 30, 2023 95.55%
March 31, 2023 94.34%
December 31, 2022 94.40%

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

80.54%
Minimum
Sep 2024
97.83%
Maximum
Mar 2024
92.77%
Average
94.37%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics