Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 81.04%
June 30, 2024 83.07%
March 31, 2024 83.48%
December 31, 2023 83.09%
September 30, 2023 83.71%
June 30, 2023 82.51%
March 31, 2023 82.19%
December 31, 2022 80.98%
September 30, 2022 81.06%
June 30, 2022 79.38%
March 31, 2022 80.42%
December 31, 2021 80.93%
September 30, 2021 83.27%
June 30, 2021 83.35%
Date Value
March 31, 2021 83.10%
December 31, 2020 82.64%
September 30, 2020 83.36%
June 30, 2020 83.12%
March 31, 2020 80.03%
December 31, 2019 79.28%
September 30, 2019 78.96%
June 30, 2019 79.53%
March 31, 2019 79.23%
December 31, 2018 80.59%
September 30, 2018 80.71%
June 30, 2018 78.38%
March 31, 2018 77.11%

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

79.28%
Minimum
Dec 2019
83.71%
Maximum
Sep 2023
82.00%
Average
82.57%
Median

Gross Profit Margin (Quarterly) Benchmarks