Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 97.13%
March 31, 2024 98.22%
December 31, 2023
September 30, 2023 97.89%
June 30, 2023 92.69%
March 31, 2023 97.97%
December 31, 2022 97.98%
September 30, 2022 97.65%
June 30, 2022 94.72%
March 31, 2022 97.90%
December 31, 2021 98.09%
September 30, 2021 98.18%
June 30, 2021 95.11%
March 31, 2021 98.50%
December 31, 2020 98.29%
September 30, 2020 98.21%
June 30, 2020 97.30%
March 31, 2020 98.16%
December 31, 2019 96.65%
September 30, 2019 98.20%
June 30, 2019 95.69%
March 31, 2019 98.30%
December 31, 2018 98.66%
September 30, 2018 98.62%
June 30, 2018 99.05%
Date Value
March 31, 2018 98.93%
December 31, 2017 99.12%
September 30, 2017 99.14%
June 30, 2017 99.31%
March 31, 2017 99.15%
December 31, 2016 99.27%
September 30, 2016
June 30, 2016 99.38%
March 31, 2016 99.33%
December 31, 2015 99.10%
September 30, 2015 98.49%
June 30, 2015 99.47%
March 31, 2015 99.63%
December 31, 2014 99.45%
September 30, 2014 99.13%
June 30, 2014
March 31, 2014 98.99%
December 31, 2013 98.63%
September 30, 2013 99.24%
June 30, 2013 98.86%
March 31, 2013 99.29%
December 31, 2012 99.19%
September 30, 2012 99.60%
June 30, 2012 98.80%
March 31, 2012 99.45%

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

92.69%
Minimum
Jun 2023
98.50%
Maximum
Mar 2021
97.26%
Average
97.94%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics