Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2022 97.01%
December 31, 2021 99.41%
September 30, 2021 98.44%
June 30, 2021 94.96%
March 31, 2021 95.99%
December 31, 2020 97.00%
Date Value
September 30, 2020 97.95%
June 30, 2020 98.82%
March 31, 2020 95.48%
December 31, 2019 92.30%
September 30, 2019 92.30%

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

92.30%
Minimum
Sep 2019
99.41%
Maximum
Dec 2021
96.33%
Average
97.00%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics