Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 94.19%
March 31, 2024 93.43%
December 31, 2023 92.12%
September 30, 2023 93.72%
June 30, 2023 94.10%
March 31, 2023 94.89%
December 31, 2022 92.64%
September 30, 2022 92.16%
June 30, 2022 93.12%
March 31, 2022 94.83%
December 31, 2021 94.64%
September 30, 2021 89.65%
June 30, 2021 86.39%
March 31, 2021 85.50%
December 31, 2020 91.01%
September 30, 2020 92.45%
June 30, 2020 93.86%
March 31, 2020 94.07%
December 31, 2019 92.34%
September 30, 2019 92.27%
June 30, 2019 94.32%
March 31, 2019 92.03%
December 31, 2018 87.50%
September 30, 2018 90.10%
June 30, 2018 89.84%
Date Value
March 31, 2018 89.77%
December 31, 2017 91.26%
September 30, 2017 90.13%
June 30, 2017 89.90%
March 31, 2017 86.61%
December 31, 2016 93.74%
September 30, 2016 84.10%
June 30, 2016 89.76%
March 31, 2016 83.62%
December 31, 2015 85.02%
September 30, 2015 83.49%
June 30, 2015 82.44%
March 31, 2015 73.30%
December 31, 2014 98.04%
September 30, 2014 70.82%
June 30, 2014 76.21%
March 31, 2014 75.59%
December 31, 2013 85.73%
September 30, 2013 74.57%
June 30, 2013 77.29%
March 31, 2013 82.15%
December 31, 2012 83.29%
September 30, 2012 83.59%
June 30, 2012 81.94%
March 31, 2012 85.76%

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

85.50%
Minimum
Mar 2021
94.89%
Maximum
Mar 2023
92.37%
Average
93.12%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics