Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 80.24%
March 31, 2024 79.23%
December 31, 2023 80.11%
September 30, 2023 76.91%
June 30, 2023 78.42%
March 31, 2023 77.21%
December 31, 2022 77.65%
September 30, 2022 79.57%
June 30, 2022 76.55%
March 31, 2022 77.01%
December 31, 2021 76.40%
September 30, 2021 75.89%
June 30, 2021 74.94%
March 31, 2021 76.92%
December 31, 2020 74.64%
September 30, 2020 75.84%
June 30, 2020 77.08%
March 31, 2020 77.32%
December 31, 2019 84.40%
September 30, 2019 84.32%
June 30, 2019 84.56%
March 31, 2019 84.59%
December 31, 2018 83.61%
September 30, 2018 85.41%
June 30, 2018 84.67%
Date Value
March 31, 2018 84.49%
December 31, 2017 84.48%
September 30, 2017 85.82%
June 30, 2017 88.14%
March 31, 2017 88.52%
December 31, 2016 88.30%
September 30, 2016 88.50%
June 30, 2016 89.22%
March 31, 2016 88.52%
December 31, 2015 88.85%
September 30, 2015 88.38%
June 30, 2015 90.12%
March 31, 2015 90.88%
December 31, 2014 91.44%
September 30, 2014 89.78%
June 30, 2014 89.30%
March 31, 2014 88.59%
December 31, 2013 89.12%
September 30, 2013 91.21%
June 30, 2013 92.88%
March 31, 2013 92.23%
December 31, 2012 93.45%
September 30, 2012 94.60%
June 30, 2012 94.16%
March 31, 2012 94.00%

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

74.64%
Minimum
Dec 2020
84.40%
Maximum
Dec 2019
77.70%
Average
77.08%
Median
Jun 2020

Gross Profit Margin (Quarterly) Benchmarks