Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 59.20%
March 31, 2024 50.64%
December 31, 2023 78.08%
September 30, 2023 84.50%
June 30, 2023 85.98%
March 31, 2023 85.44%
December 31, 2022 87.05%
September 30, 2022 76.62%
June 30, 2022 81.34%
March 31, 2022 80.13%
December 31, 2021 77.42%
September 30, 2021 72.00%
June 30, 2021 78.85%
March 31, 2021 77.50%
December 31, 2020 67.86%
Date Value
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019 90.00%
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018 90.95%
March 31, 2018 97.08%
December 31, 2017 95.60%
September 30, 2017 95.61%
June 30, 2017 95.97%
March 31, 2017 95.12%

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

50.64%
Minimum
Mar 2024
87.05%
Maximum
Dec 2022
76.17%
Average
78.08%
Median
Dec 2023

Gross Profit Margin (Quarterly) Related Metrics