Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 96.70%
March 31, 2024 96.65%
December 31, 2023 96.51%
September 30, 2023 96.37%
June 30, 2023 95.88%
March 31, 2023 96.82%
December 31, 2022 96.84%
September 30, 2022 96.91%
June 30, 2022 96.40%
March 31, 2022 95.74%
December 31, 2021 94.09%
Date Value
September 30, 2021 95.69%
June 30, 2021 97.07%
March 31, 2021 97.33%
December 31, 2020 96.97%
September 30, 2020 95.03%
June 30, 2020 98.28%
March 31, 2020 98.13%
December 31, 2019 98.06%
September 30, 2019 98.03%
June 30, 2019 98.07%
March 31, 2019 98.57%

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

94.09%
Minimum
Dec 2021
98.28%
Maximum
Jun 2020
96.60%
Average
96.70%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

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