Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2020 86.96%
March 31, 2020 84.62%
December 31, 2019 86.49%
Date Value
September 30, 2019 85.19%
June 30, 2019 85.19%
March 31, 2019 88.00%

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

84.62%
Minimum
Mar 2020
88.00%
Maximum
Mar 2019
86.07%
Average
85.84%
Median

Gross Profit Margin (Quarterly) Benchmarks