Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 78.35%
March 31, 2024 75.53%
December 31, 2023 81.85%
September 30, 2023 77.59%
June 30, 2023 76.17%
March 31, 2023 71.63%
December 31, 2022 78.91%
September 30, 2022 73.33%
June 30, 2022 75.24%
March 31, 2022 74.59%
December 31, 2021 83.32%
September 30, 2021 79.97%
June 30, 2021 79.16%
Date Value
March 31, 2021 72.49%
December 31, 2020 81.71%
September 30, 2020 74.51%
June 30, 2020 60.27%
March 31, 2020 63.51%
December 31, 2019 75.93%
September 30, 2019 70.14%
June 30, 2019 59.65%
March 31, 2019 63.50%
December 31, 2018 75.00%
September 30, 2018 66.54%
June 30, 2018 64.03%
March 31, 2018 60.68%

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

60.27%
Minimum
Jun 2020
83.32%
Maximum
Dec 2021
75.48%
Average
75.93%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks