Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 78.85%
March 31, 2024 78.94%
December 31, 2023 81.50%
September 30, 2023 79.62%
June 30, 2023 80.11%
March 31, 2023 79.18%
December 31, 2022 80.33%
September 30, 2022 81.10%
June 30, 2022 82.18%
March 31, 2022 83.13%
December 31, 2021 85.08%
September 30, 2021 86.74%
June 30, 2021 88.29%
March 31, 2021 86.51%
December 31, 2020 89.51%
September 30, 2020 85.56%
Date Value
June 30, 2020 89.40%
March 31, 2020 89.30%
December 31, 2019 89.56%
September 30, 2019 92.48%
June 30, 2019 93.21%
March 31, 2019 91.26%
December 31, 2018 93.07%
September 30, 2018 93.28%
June 30, 2018 94.86%
March 31, 2018 90.44%
December 31, 2017 93.66%
September 30, 2017 94.45%
June 30, 2017 89.86%
March 31, 2017 99.50%
December 31, 2016 98.14%
September 30, 2016 99.95%

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

78.85%
Minimum
Jun 2024
89.56%
Maximum
Dec 2019
83.94%
Average
83.13%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks