Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 84.76%
March 31, 2024 84.91%
December 31, 2023 85.43%
September 30, 2023 84.10%
June 30, 2023 83.95%
March 31, 2023 84.45%
December 31, 2022 83.94%
September 30, 2022 81.88%
June 30, 2022 84.49%
March 31, 2022 85.58%
December 31, 2021 85.77%
September 30, 2021 86.02%
June 30, 2021 85.80%
March 31, 2021 85.18%
December 31, 2020 84.44%
Date Value
September 30, 2020 85.46%
June 30, 2020 83.96%
March 31, 2020 84.56%
December 31, 2019 84.25%
September 30, 2019 83.43%
June 30, 2019 82.84%
March 31, 2019 82.44%
December 31, 2018 80.72%
September 30, 2018 81.10%
June 30, 2018 80.78%
March 31, 2018 77.16%
December 31, 2017 81.11%
September 30, 2017 78.48%
June 30, 2017 77.23%
March 31, 2017 77.42%

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

81.88%
Minimum
Sep 2022
86.02%
Maximum
Sep 2021
84.68%
Average
84.56%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks

Cutera Inc 22.24%
IRIDEX Corp 40.65%
Stereotaxis Inc 73.59%
Electromed Inc 76.19%
Myomo Inc 70.81%