Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 92.38%
March 31, 2024 93.14%
December 31, 2023 89.41%
September 30, 2023 95.49%
June 30, 2023 96.00%
March 31, 2023 96.25%
December 31, 2022 99.33%
September 30, 2022 98.88%
June 30, 2022 96.53%
March 31, 2022 99.28%
December 31, 2021 97.61%
September 30, 2021 99.30%
June 30, 2021 99.51%
Date Value
March 31, 2021 99.61%
December 31, 2020 98.26%
September 30, 2020 99.24%
June 30, 2020 98.26%
March 31, 2020 99.72%
December 31, 2019 98.84%
September 30, 2019 98.51%
June 30, 2019 97.01%
March 31, 2019 99.15%
December 31, 2018 99.50%
September 30, 2018 98.58%
June 30, 2018 98.32%

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

89.41%
Minimum
Dec 2023
99.72%
Maximum
Mar 2020
97.21%
Average
98.26%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics