Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 73.12%
June 30, 2024 74.80%
March 31, 2024 76.42%
December 31, 2023 74.73%
September 30, 2023 75.40%
June 30, 2023 76.03%
March 31, 2023 80.59%
December 31, 2022 80.32%
September 30, 2022 81.55%
June 30, 2022 84.79%
March 31, 2022 88.76%
December 31, 2021 92.37%
September 30, 2021 94.99%
June 30, 2021 95.59%
Date Value
March 31, 2021 95.80%
December 31, 2020 95.59%
September 30, 2020 94.58%
June 30, 2020 93.35%
March 31, 2020 95.84%
December 31, 2019
September 30, 2019 88.77%
June 30, 2019 79.72%
March 31, 2019 82.67%
December 31, 2018
September 30, 2018 91.44%
June 30, 2018 96.48%
March 31, 2018 98.28%

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

73.12%
Minimum
Sep 2024
95.84%
Maximum
Mar 2020
85.51%
Average
84.79%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics