Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 85.92%
June 30, 2024 86.31%
March 31, 2024 85.87%
December 31, 2023 87.55%
September 30, 2023 86.45%
June 30, 2023 86.02%
March 31, 2023 85.06%
December 31, 2022 86.68%
September 30, 2022 86.68%
June 30, 2022 87.62%
March 31, 2022 86.78%
December 31, 2021 86.23%
September 30, 2021 86.15%
June 30, 2021 86.18%
March 31, 2021 86.63%
December 31, 2020 86.01%
Date Value
September 30, 2020 86.12%
June 30, 2020 86.28%
March 31, 2020 86.29%
December 31, 2019 85.98%
September 30, 2019 85.91%
June 30, 2019 87.53%
March 31, 2019 87.90%
December 31, 2018 87.56%
September 30, 2018 87.78%
June 30, 2018 88.38%
March 31, 2018 88.71%
December 31, 2017 88.30%
September 30, 2017 88.28%
June 30, 2017 88.76%
March 31, 2017 89.00%
December 31, 2016 88.75%

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

85.06%
Minimum
Mar 2023
87.62%
Maximum
Jun 2022
86.34%
Average
86.25%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics