Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 77.01%
June 30, 2024 81.40%
March 31, 2024 82.22%
December 31, 2023 74.38%
September 30, 2023 79.85%
June 30, 2023 81.37%
March 31, 2023 82.56%
December 31, 2022 79.05%
September 30, 2022 80.41%
June 30, 2022 82.32%
Date Value
March 31, 2022 82.75%
December 31, 2021 80.47%
September 30, 2021 81.91%
June 30, 2021 82.81%
March 31, 2021 82.56%
December 31, 2020 82.38%
September 30, 2020 82.70%
June 30, 2020 83.01%
March 31, 2020 82.49%
December 31, 2019 73.69%

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

73.69%
Minimum
Dec 2019
83.01%
Maximum
Jun 2020
80.77%
Average
82.07%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics