Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 75.93%
March 31, 2024 79.20%
December 31, 2023 77.86%
September 30, 2023 77.65%
June 30, 2023 77.34%
March 31, 2023 80.16%
December 31, 2022 78.60%
September 30, 2022 78.75%
June 30, 2022 78.01%
March 31, 2022 79.60%
December 31, 2021 78.65%
September 30, 2021 79.12%
June 30, 2021 78.10%
March 31, 2021 80.17%
December 31, 2020 79.83%
September 30, 2020 79.39%
June 30, 2020 78.00%
March 31, 2020 79.76%
December 31, 2019 79.41%
September 30, 2019 79.97%
June 30, 2019 79.21%
March 31, 2019 80.36%
December 31, 2018 79.91%
September 30, 2018 79.91%
June 30, 2018 32.21%
Date Value
March 31, 2018 80.47%
December 31, 2017 79.90%
September 30, 2017 31.53%
June 30, 2017 32.44%
March 31, 2017 46.36%
December 31, 2016 52.17%
September 30, 2016 52.92%
June 30, 2016 54.94%
March 31, 2016 46.96%
December 31, 2015 51.97%
September 30, 2015 51.91%
June 30, 2015 54.61%
March 31, 2015 47.90%
December 31, 2014 53.33%
September 30, 2014 53.01%
June 30, 2014 55.64%
March 31, 2014 52.56%
December 31, 2013 54.41%
September 30, 2013 56.14%
June 30, 2013 58.17%
March 31, 2013 55.49%
December 31, 2012 57.04%
September 30, 2012 57.34%
June 30, 2012 59.43%
March 31, 2012 56.13%

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

75.93%
Minimum
Jun 2024
80.17%
Maximum
Mar 2021
78.71%
Average
78.75%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks