Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 89.92%
March 31, 2024 97.26%
December 31, 2023 90.03%
September 30, 2023 95.68%
June 30, 2023 97.48%
March 31, 2023
December 31, 2022
September 30, 2022
June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
Date Value
September 30, 2020 90.46%
June 30, 2020 92.06%
March 31, 2020 92.90%
December 31, 2019 91.13%
September 30, 2019 99.80%
June 30, 2019 86.29%
March 31, 2019 94.00%
December 31, 2018 96.67%
September 30, 2018 92.09%
June 30, 2018 93.93%
March 31, 2018 97.90%
December 31, 2017 98.44%
September 30, 2017 97.78%
June 30, 2017 95.54%
March 31, 2017 98.77%

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

89.92%
Minimum
Jun 2024
97.48%
Maximum
Jun 2023
92.99%
Average
92.06%
Median
Jun 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics