Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 91.38%
March 31, 2024 92.39%
December 31, 2023 90.44%
September 30, 2023 89.29%
June 30, 2023 90.65%
March 31, 2023 91.50%
December 31, 2022 89.46%
September 30, 2022 87.09%
June 30, 2022 87.10%
March 31, 2022 91.47%
December 31, 2021 90.59%
September 30, 2021 88.75%
June 30, 2021 90.05%
March 31, 2021 89.55%
December 31, 2020 88.39%
September 30, 2020 88.86%
June 30, 2020 89.81%
March 31, 2020 92.67%
December 31, 2019 92.61%
September 30, 2019 94.06%
June 30, 2019 93.65%
March 31, 2019 92.05%
December 31, 2018 92.19%
September 30, 2018 91.66%
June 30, 2018 93.06%
Date Value
March 31, 2018 93.46%
December 31, 2017 92.50%
September 30, 2017 89.76%
June 30, 2017 87.98%
March 31, 2017 88.75%
December 31, 2016 88.37%
September 30, 2016 81.10%
June 30, 2016 78.15%
March 31, 2016 72.61%
December 31, 2015 71.64%
September 30, 2015 72.00%
June 30, 2015 68.29%
March 31, 2015 64.56%
December 31, 2014 64.55%
September 30, 2014 64.21%
June 30, 2014 61.02%
March 31, 2014 58.16%
December 31, 2013 65.03%
September 30, 2013 65.39%
June 30, 2013 59.31%
March 31, 2013 64.05%
December 31, 2012 64.38%
September 30, 2012 60.43%
June 30, 2012 63.23%
March 31, 2012 65.96%

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

87.09%
Minimum
Sep 2022
92.67%
Maximum
Mar 2020
90.11%
Average
90.05%
Median
Jun 2021