Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

View and export this data back to 2019. Upgrade now.
Date Value
March 31, 2024 89.07%
December 31, 2023 86.10%
September 30, 2023 88.65%
June 30, 2023 89.91%
March 31, 2023 87.44%
December 31, 2022 88.06%
September 30, 2022 91.23%
June 30, 2022 89.30%
March 31, 2022 87.16%
December 31, 2021 90.78%
September 30, 2021 89.92%
Date Value
June 30, 2021 92.05%
March 31, 2021 93.53%
December 31, 2020 90.60%
September 30, 2020 95.71%
June 30, 2020 95.65%
March 31, 2020 94.69%
December 31, 2019 90.82%
September 30, 2019 91.86%
June 30, 2019 92.89%
March 31, 2019 91.19%

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

86.10%
Minimum
Dec 2023
95.71%
Maximum
Sep 2020
90.77%
Average
90.69%
Median