Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 84.90%
March 31, 2024 84.83%
December 31, 2023 84.80%
September 30, 2023 83.46%
June 30, 2023 85.53%
March 31, 2023 84.67%
December 31, 2022 82.82%
September 30, 2022 84.20%
June 30, 2022 85.29%
March 31, 2022 83.54%
December 31, 2021 83.72%
September 30, 2021 82.99%
June 30, 2021 83.21%
March 31, 2021 82.81%
December 31, 2020 82.52%
September 30, 2020 83.33%
June 30, 2020 84.10%
March 31, 2020 84.10%
December 31, 2019 83.24%
September 30, 2019 83.24%
June 30, 2019 83.86%
March 31, 2019 83.84%
December 31, 2018 84.35%
September 30, 2018 84.10%
June 30, 2018 84.12%
Date Value
March 31, 2018 84.42%
December 31, 2017 83.21%
September 30, 2017 83.95%
June 30, 2017 84.60%
March 31, 2017 85.06%
December 31, 2016 83.37%
September 30, 2016 85.52%
June 30, 2016 85.27%
March 31, 2016 84.44%
December 31, 2015 84.04%
September 30, 2015 85.64%
June 30, 2015 85.74%
March 31, 2015 84.63%
December 31, 2014 83.73%
September 30, 2014 84.60%
June 30, 2014 83.03%
March 31, 2014 82.96%
December 31, 2013 84.33%
September 30, 2013 82.81%
June 30, 2013 83.13%
March 31, 2013 81.94%
December 31, 2012 84.96%
September 30, 2012 82.44%
June 30, 2012 82.41%
March 31, 2012 80.83%

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

82.52%
Minimum
Dec 2020
85.53%
Maximum
Jun 2023
83.90%
Average
83.72%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics