Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 81.43%
June 30, 2024 83.08%
March 31, 2024 83.03%
December 31, 2023 81.61%
September 30, 2023 82.20%
June 30, 2023 81.49%
March 31, 2023 81.17%
December 31, 2022 79.92%
September 30, 2022 79.74%
June 30, 2022 78.67%
March 31, 2022 79.10%
December 31, 2021 79.63%
Date Value
September 30, 2021 82.81%
June 30, 2021 79.24%
March 31, 2021 82.13%
December 31, 2020 82.58%
September 30, 2020 82.27%
June 30, 2020 82.32%
March 31, 2020 81.09%
December 31, 2019 81.47%
September 30, 2019 81.56%
June 30, 2019 82.12%
March 31, 2019 81.34%

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

78.67%
Minimum
Jun 2022
83.08%
Maximum
Jun 2024
81.25%
Average
81.48%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics