Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 92.55%
March 31, 2024 92.91%
December 31, 2023 92.39%
September 30, 2023 93.17%
June 30, 2023 90.71%
March 31, 2023 92.65%
December 31, 2022 92.23%
September 30, 2022 93.70%
June 30, 2022 93.56%
March 31, 2022 93.52%
December 31, 2021 93.62%
September 30, 2021 93.95%
June 30, 2021 93.15%
March 31, 2021 93.56%
December 31, 2020 93.44%
September 30, 2020 93.72%
June 30, 2020 93.62%
March 31, 2020 93.82%
December 31, 2019 93.59%
September 30, 2019 94.56%
June 30, 2019 94.16%
March 31, 2019 93.89%
December 31, 2018 94.82%
September 30, 2018 95.32%
June 30, 2018 95.06%
Date Value
March 31, 2018 94.80%
December 31, 2017 94.64%
September 30, 2017 94.37%
June 30, 2017 94.51%
March 31, 2017 93.60%
December 31, 2016 93.95%
September 30, 2016 94.34%
June 30, 2016 94.59%
March 31, 2016 94.35%
December 31, 2015 95.11%
September 30, 2015 94.77%
June 30, 2015 94.12%
March 31, 2015 94.34%
December 31, 2014 91.76%
September 30, 2014 94.58%
June 30, 2014 95.57%
March 31, 2014 95.23%
December 31, 2013 93.96%
September 30, 2013 95.81%
June 30, 2013 95.84%
March 31, 2013 94.55%
December 31, 2012 88.77%
September 30, 2012 98.69%
June 30, 2012 98.46%
March 31, 2012 98.08%

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

90.71%
Minimum
Jun 2023
93.95%
Maximum
Sep 2021
93.15%
Average
93.52%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks