Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 74.14%
June 30, 2024 74.23%
March 31, 2024 73.41%
December 31, 2023 74.50%
September 30, 2023 74.67%
June 30, 2023 74.64%
March 31, 2023 74.45%
December 31, 2022 73.92%
September 30, 2022 73.56%
June 30, 2022 74.61%
March 31, 2022 74.81%
December 31, 2021 74.22%
September 30, 2021 74.31%
June 30, 2021 75.64%
March 31, 2021 75.83%
December 31, 2020 75.75%
September 30, 2020 74.26%
June 30, 2020 70.64%
March 31, 2020 69.80%
December 31, 2019 71.39%
September 30, 2019 74.32%
June 30, 2019 76.92%
March 31, 2019 72.97%
December 31, 2018 78.79%
September 30, 2018 78.90%
Date Value
June 30, 2018 79.57%
March 31, 2018 80.48%
December 31, 2017 79.55%
September 30, 2017 79.61%
June 30, 2017 80.97%
March 31, 2017 81.22%
December 31, 2016 80.84%
September 30, 2016 80.72%
June 30, 2016 81.27%
March 31, 2016 80.79%
December 31, 2015 79.54%
September 30, 2015 80.19%
June 30, 2015 79.78%
March 31, 2015 78.06%
December 31, 2014 78.92%
September 30, 2014 78.78%
June 30, 2014 78.04%
March 31, 2014 77.32%
December 31, 2013 77.01%
September 30, 2013 76.29%
June 30, 2013 75.75%
March 31, 2013 74.25%
December 31, 2012 75.12%
September 30, 2012 74.46%
June 30, 2012 73.73%

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

69.80%
Minimum
Mar 2020
75.83%
Maximum
Mar 2021
73.94%
Average
74.29%
Median

Gross Profit Margin (Quarterly) Benchmarks