Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 66.56%
March 31, 2024 65.77%
December 31, 2023 64.71%
September 30, 2023 66.55%
June 30, 2023 68.32%
March 31, 2023 66.87%
December 31, 2022 63.71%
September 30, 2022 63.92%
June 30, 2022 64.29%
March 31, 2022 64.05%
December 31, 2021 62.18%
September 30, 2021 64.01%
June 30, 2021 65.33%
March 31, 2021 64.80%
December 31, 2020 64.85%
September 30, 2020 67.18%
June 30, 2020 67.13%
Date Value
March 31, 2020 66.38%
December 31, 2019 67.51%
September 30, 2019 66.61%
June 30, 2019 66.73%
March 31, 2019 76.09%
December 31, 2018 32.97%
September 30, 2018 76.41%
June 30, 2018 76.31%
March 31, 2018 76.28%
December 31, 2017 74.56%
September 30, 2017 76.49%
June 30, 2017 75.62%
March 31, 2017 75.64%
December 31, 2016 74.98%
September 30, 2016 76.15%
June 30, 2016 75.25%
March 31, 2016 72.39%

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

62.18%
Minimum
Dec 2021
68.32%
Maximum
Jun 2023
65.48%
Average
65.33%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics