Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 78.34%
December 31, 2023 81.26%
September 30, 2023 81.24%
June 30, 2023 80.65%
March 31, 2023 78.85%
December 31, 2022 82.28%
Date Value
September 30, 2022 85.32%
June 30, 2022 85.77%
March 31, 2022 86.15%
December 31, 2021 84.82%
September 30, 2021 88.22%

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

78.34%
Minimum
Mar 2024
88.22%
Maximum
Sep 2021
82.99%
Average
82.28%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks