Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 74.50%
March 31, 2024 73.96%
December 31, 2023 74.63%
September 30, 2023 74.03%
June 30, 2023 73.82%
March 31, 2023 73.45%
Date Value
December 31, 2022 73.37%
September 30, 2022 74.30%
June 30, 2022 74.00%
March 31, 2022 73.12%
June 30, 2021 75.31%

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

73.12%
Minimum
Mar 2022
75.31%
Maximum
Jun 2021
74.04%
Average
74.00%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics