Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 87.66%
June 30, 2024 86.03%
March 31, 2024 87.23%
December 31, 2023 87.64%
Date Value
September 30, 2023 87.36%
June 30, 2023 87.54%
March 31, 2023 80.50%

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

80.50%
Minimum
Mar 2023
87.66%
Maximum
Sep 2024
86.28%
Average
87.36%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks