Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 91.40%
March 31, 2024 91.11%
December 31, 2023 90.91%
September 30, 2023 91.88%
June 30, 2023 92.47%
March 31, 2023 92.61%
December 31, 2022 95.33%
September 30, 2022 96.02%
June 30, 2022 96.56%
March 31, 2022 96.93%
December 31, 2021 96.90%
September 30, 2021 97.47%
June 30, 2021 99.01%
March 31, 2021 98.20%
Date Value
December 31, 2020 97.25%
September 30, 2020 91.50%
June 30, 2020 98.30%
March 31, 2020 97.16%
December 31, 2019 97.88%
September 30, 2019 96.91%
June 30, 2019 96.09%
March 31, 2019 96.38%
December 31, 2018 98.33%
September 30, 2018 94.65%
June 30, 2018 97.95%
March 31, 2018 96.85%
December 31, 2017 97.63%
September 30, 2017 95.89%

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

90.91%
Minimum
Dec 2023
99.01%
Maximum
Jun 2021
95.20%
Average
96.56%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics