Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 77.69%
June 30, 2024 77.78%
March 31, 2024 77.68%
December 31, 2023 77.11%
September 30, 2023 77.06%
June 30, 2023 76.20%
March 31, 2023 76.83%
December 31, 2022 75.40%
September 30, 2022 75.58%
June 30, 2022 75.79%
Date Value
March 31, 2022 74.75%
December 31, 2021 73.28%
September 30, 2021 74.47%
June 30, 2021 74.25%
March 31, 2021 74.69%
December 31, 2020 74.64%
September 30, 2020 73.87%
June 30, 2020 73.22%
March 31, 2020 74.13%
December 31, 2019 74.78%

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

73.22%
Minimum
Jun 2020
77.78%
Maximum
Jun 2024
75.46%
Average
75.09%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics