Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 83.50%
March 31, 2024 82.26%
December 31, 2023 79.57%
September 30, 2023 81.38%
June 30, 2023 82.45%
March 31, 2023 82.69%
December 31, 2022 82.28%
September 30, 2022 82.10%
June 30, 2022 83.74%
March 31, 2022 84.65%
December 31, 2021 84.19%
September 30, 2021 85.08%
June 30, 2021 83.75%
March 31, 2021 84.22%
December 31, 2020 83.28%
September 30, 2020 83.70%
June 30, 2020 83.71%
March 31, 2020 84.26%
December 31, 2019 84.25%
September 30, 2019 83.66%
June 30, 2019 83.80%
March 31, 2019 83.32%
December 31, 2018 82.50%
September 30, 2018 81.33%
June 30, 2018 78.67%
Date Value
March 31, 2018 81.80%
December 31, 2017 79.75%
September 30, 2017 73.94%
June 30, 2017 75.10%
March 31, 2017 75.22%
December 31, 2016 58.71%
September 30, 2016 69.34%
June 30, 2016 68.21%
March 31, 2016 69.06%
December 31, 2015 66.53%
September 30, 2015 63.20%
June 30, 2015 66.30%
March 31, 2015 67.01%
December 31, 2014 59.10%
September 30, 2014 66.75%
June 30, 2014 68.31%
March 31, 2014 68.89%
December 31, 2013 64.69%
September 30, 2013 63.01%
June 30, 2013 64.37%
March 31, 2013 63.88%
December 31, 2012 -83.80%
September 30, 2012 62.70%
June 30, 2012 60.89%
March 31, 2012 65.06%

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

79.57%
Minimum
Dec 2023
85.08%
Maximum
Sep 2021
83.21%
Average
83.70%
Median
Sep 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics