Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 80.47%
March 31, 2024 79.52%
December 31, 2023 85.15%
September 30, 2023 72.74%
June 30, 2023 74.49%
March 31, 2023 75.18%
December 31, 2022 70.26%
September 30, 2022 63.89%
June 30, 2022 67.81%
March 31, 2022 74.90%
December 31, 2021 77.78%
Date Value
September 30, 2021 74.67%
June 30, 2021 80.98%
March 31, 2021 76.31%
December 31, 2020 78.77%
September 30, 2020 84.19%
June 30, 2020 71.23%
March 31, 2020 70.12%
December 31, 2019 70.70%
June 30, 2019 64.35%
March 31, 2019 60.12%

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

63.89%
Minimum
Sep 2022
85.15%
Maximum
Dec 2023
75.22%
Average
74.90%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

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