Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 78.42%
March 31, 2024 81.75%
December 31, 2023 80.00%
September 30, 2023 78.80%
June 30, 2023 78.64%
March 31, 2023 79.06%
December 31, 2022 79.44%
September 30, 2022 81.19%
June 30, 2022 77.95%
March 31, 2022 81.53%
December 31, 2021 79.22%
September 30, 2021 79.25%
June 30, 2021 78.18%
March 31, 2021 80.63%
December 31, 2020 79.76%
September 30, 2020 78.36%
June 30, 2020 77.48%
March 31, 2020 76.91%
December 31, 2019 75.46%
September 30, 2019 74.50%
June 30, 2019 72.01%
March 31, 2019 72.49%
December 31, 2018 76.89%
September 30, 2018 75.00%
June 30, 2018 74.07%
Date Value
March 31, 2018 72.81%
December 31, 2017 72.92%
September 30, 2017 73.14%
June 30, 2017 71.76%
March 31, 2017 70.78%
December 31, 2016 71.32%
September 30, 2016 71.25%
June 30, 2016 71.43%
March 31, 2016 70.59%
December 31, 2015 72.46%
September 30, 2015 75.57%
June 30, 2015 73.81%
March 31, 2015 72.60%
December 31, 2014 71.44%
September 30, 2014 73.86%
June 30, 2014 72.95%
March 31, 2014 71.46%
December 31, 2013 71.39%
September 30, 2013 73.46%
June 30, 2013 71.06%
March 31, 2013 70.29%
December 31, 2012 69.64%
September 30, 2012 73.00%
June 30, 2012 70.14%
March 31, 2012 69.04%

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

75.46%
Minimum
Dec 2019
81.75%
Maximum
Mar 2024
79.05%
Average
79.06%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics