Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 77.69%
June 30, 2024 77.80%
March 31, 2024 77.54%
December 31, 2023 77.02%
September 30, 2023 76.74%
June 30, 2023 75.62%
March 31, 2023 75.73%
December 31, 2022 75.32%
September 30, 2022 75.59%
June 30, 2022 76.20%
March 31, 2022 77.82%
December 31, 2021 78.05%
September 30, 2021 78.23%
Date Value
June 30, 2021 77.02%
March 31, 2021 76.76%
December 31, 2020 76.92%
September 30, 2020 76.34%
June 30, 2020 75.77%
March 31, 2020 77.18%
December 31, 2019 78.32%
September 30, 2019 78.32%
June 30, 2019 78.00%
March 31, 2019 76.74%
December 31, 2018 76.66%
September 30, 2018 77.61%

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

75.32%
Minimum
Dec 2022
78.32%
Maximum
Dec 2019
76.88%
Average
76.97%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics