Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 90.62%
June 30, 2024 91.11%
March 31, 2024 87.71%
December 31, 2023 90.16%
September 30, 2023 90.39%
June 30, 2023 90.36%
March 31, 2023 91.95%
December 31, 2022 89.35%
September 30, 2022 83.55%
June 30, 2022 89.85%
March 31, 2022 90.37%
December 31, 2021 90.44%
September 30, 2021 85.30%
June 30, 2021 89.17%
March 31, 2021 90.15%
December 31, 2020 86.66%
September 30, 2020 87.55%
Date Value
June 30, 2020 89.29%
March 31, 2020 89.17%
December 31, 2019 87.44%
September 30, 2019 88.53%
June 30, 2019 87.84%
March 31, 2019 88.09%
December 31, 2018 86.69%
September 30, 2018 79.07%
June 30, 2018 85.29%
March 31, 2018 84.34%
December 31, 2017 82.28%
September 30, 2017 83.54%
June 30, 2017 85.18%
March 31, 2017 81.41%
December 31, 2016 82.73%
September 30, 2016 83.83%

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

83.55%
Minimum
Sep 2022
91.95%
Maximum
Mar 2023
89.03%
Average
89.60%
Median

Gross Profit Margin (Quarterly) Related Metrics