Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 87.54%
March 31, 2024 87.56%
December 31, 2023 86.91%
September 30, 2023 88.62%
June 30, 2023 88.88%
March 31, 2023 87.27%
December 31, 2022 89.16%
September 30, 2022 89.56%
June 30, 2022 91.10%
March 31, 2022 90.54%
December 31, 2021 90.69%
September 30, 2021 92.35%
June 30, 2021 91.61%
March 31, 2021 90.78%
December 31, 2020 91.41%
September 30, 2020 91.22%
June 30, 2020 93.21%
March 31, 2020 92.37%
December 31, 2019 89.13%
September 30, 2019 90.10%
June 30, 2019 89.64%
March 31, 2019 90.84%
December 31, 2018 89.58%
September 30, 2018 87.62%
June 30, 2018 85.79%
Date Value
March 31, 2018 86.45%
December 31, 2017 87.84%
September 30, 2017 88.05%
June 30, 2017 86.69%
March 31, 2017 86.42%
December 31, 2016 86.10%
September 30, 2016 85.11%
June 30, 2016 81.18%
March 31, 2016 82.07%
December 31, 2015 80.51%
September 30, 2015 84.84%
June 30, 2015 84.54%
March 31, 2015 85.23%
December 31, 2014 86.18%
September 30, 2014 86.15%
June 30, 2014 85.90%
March 31, 2014 85.73%
December 31, 2013 86.20%
September 30, 2013 86.77%
June 30, 2013 85.95%
March 31, 2013 87.82%
December 31, 2012 87.45%
September 30, 2012 88.58%
June 30, 2012 88.79%
March 31, 2012 86.50%

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

86.91%
Minimum
Dec 2023
93.21%
Maximum
Jun 2020
90.00%
Average
90.54%
Median
Mar 2022

Gross Profit Margin (Quarterly) Related Metrics