Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 81.02%
June 30, 2024 80.80%
March 31, 2024 80.91%
December 31, 2023 80.88%
September 30, 2023 80.42%
June 30, 2023 78.26%
March 31, 2023 76.63%
December 31, 2022 78.80%
September 30, 2022 77.25%
June 30, 2022 77.95%
March 31, 2022 73.47%
December 31, 2021 74.37%
September 30, 2021 78.87%
June 30, 2021 71.02%
March 31, 2021 72.40%
December 31, 2020 76.88%
September 30, 2020 76.89%
June 30, 2020 77.78%
March 31, 2020 79.26%
December 31, 2019 79.02%
September 30, 2019 78.55%
June 30, 2019 80.04%
March 31, 2019 77.64%
December 31, 2018 79.96%
September 30, 2018 78.28%
Date Value
June 30, 2018 77.90%
March 31, 2018 76.54%
December 31, 2017
September 30, 2017 71.96%
June 30, 2017 73.01%
March 31, 2017 74.22%
December 31, 2016 73.59%
September 30, 2016 73.02%
June 30, 2016 72.89%
March 31, 2016 72.81%
December 31, 2015 74.16%
September 30, 2015 75.06%
June 30, 2015 75.53%
March 31, 2015 74.32%
December 31, 2014 75.53%
September 30, 2014 74.01%
June 30, 2014 75.90%
March 31, 2014 73.89%
December 31, 2013 76.13%
September 30, 2013 79.25%
June 30, 2013 80.35%
March 31, 2013 79.32%
December 31, 2012 79.05%
September 30, 2012 77.89%
June 30, 2012 79.53%

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

71.02%
Minimum
Jun 2021
81.02%
Maximum
Sep 2024
77.64%
Average
78.10%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics