Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 84.53%
March 31, 2024 85.40%
December 31, 2023 85.35%
September 30, 2023 85.25%
June 30, 2023 85.69%
March 31, 2023 85.89%
December 31, 2022 86.70%
September 30, 2022 86.70%
June 30, 2022 86.68%
March 31, 2022 86.69%
December 31, 2021 85.82%
September 30, 2021 87.13%
June 30, 2021 87.10%
March 31, 2021 87.10%
December 31, 2020 87.10%
September 30, 2020 87.09%
June 30, 2020 87.10%
March 31, 2020 86.90%
December 31, 2019 86.89%
September 30, 2019 86.82%
June 30, 2019 86.44%
March 31, 2019 87.17%
December 31, 2018 87.45%
September 30, 2018 87.33%
June 30, 2018 87.10%
Date Value
March 31, 2018 87.08%
December 31, 2017 86.22%
September 30, 2017 86.21%
June 30, 2017 86.11%
March 31, 2017 85.82%
December 31, 2016 85.68%
September 30, 2016 84.29%
June 30, 2016 82.21%
March 31, 2016 81.38%
December 31, 2015 82.17%
September 30, 2015 82.63%
June 30, 2015 79.03%
March 31, 2015 45.82%
December 31, 2014 41.55%
September 30, 2014 43.67%
June 30, 2014 47.67%
March 31, 2014 45.25%
December 31, 2013 42.46%
September 30, 2013 40.67%
June 30, 2013 41.74%
March 31, 2013 42.94%
December 31, 2012
September 30, 2012 56.00%
June 30, 2012 61.64%
March 31, 2012 57.27%

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

84.53%
Minimum
Jun 2024
87.13%
Maximum
Sep 2021
86.37%
Average
86.70%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics