Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 86.36%
June 30, 2024 85.94%
March 31, 2024 85.68%
December 31, 2023 78.03%
September 30, 2023 89.44%
June 30, 2023 92.03%
March 31, 2023 93.62%
Date Value
December 31, 2022 91.59%
September 30, 2022 92.04%
June 30, 2022 90.51%
March 31, 2022 92.19%
December 31, 2021 91.11%
September 30, 2021 91.70%
March 31, 2021 91.92%

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

78.03%
Minimum
Dec 2023
93.62%
Maximum
Mar 2023
89.44%
Average
91.35%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics