Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 74.07%
December 31, 2023 74.55%
September 30, 2023 72.34%
June 30, 2023 71.01%
March 31, 2023 69.33%
December 31, 2022 71.57%
September 30, 2022 72.04%
June 30, 2022 72.43%
March 31, 2022 73.31%
Date Value
December 31, 2021 75.53%
September 30, 2021 75.55%
June 30, 2021 77.22%
March 31, 2021 78.65%
December 31, 2020 81.15%
September 30, 2020 79.76%
June 30, 2020 78.08%
March 31, 2020 72.90%
December 31, 2019 71.16%

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.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

69.33%
Minimum
Mar 2023
81.15%
Maximum
Dec 2020
74.48%
Average
73.69%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics