Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 83.37%
September 30, 2023 82.90%
June 30, 2023 81.73%
March 31, 2023 81.69%
December 31, 2022 81.67%
September 30, 2022 81.34%
June 30, 2022 82.81%
March 31, 2022 81.52%
December 31, 2021 82.26%
September 30, 2021 82.70%
June 30, 2021 82.68%
March 31, 2021 82.57%
December 31, 2020 81.91%
September 30, 2020 81.80%
June 30, 2020 81.17%
March 31, 2020 81.91%
December 31, 2019 81.80%
September 30, 2019 81.60%
June 30, 2019 81.91%
March 31, 2019 81.99%
December 31, 2018 82.62%
September 30, 2018 82.43%
June 30, 2018 82.37%
March 31, 2018 82.64%
December 31, 2017 82.20%
Date Value
September 30, 2017 82.08%
June 30, 2017 81.47%
December 31, 2016 80.80%
September 30, 2016 80.31%
December 31, 2015 81.05%
September 30, 2015 81.02%
June 30, 2015 80.71%
March 31, 2015 79.97%
December 31, 2014 80.36%
September 30, 2014 79.50%
June 30, 2014 79.10%
March 31, 2014 77.85%
December 31, 2013 77.71%
September 30, 2013 77.90%
June 30, 2013 77.29%
December 31, 2012 74.39%
September 30, 2012 75.56%
June 30, 2012 75.96%
March 31, 2012 75.41%
December 31, 2011 76.14%
September 30, 2011 76.97%
June 30, 2011 76.11%
March 31, 2011 75.82%
December 31, 2010 76.94%
September 30, 2010 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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

81.17%
Minimum
Jun 2020
83.37%
Maximum
Dec 2023
82.07%
Average
81.91%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics