Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 61.01%
September 30, 2023 62.67%
June 30, 2023 63.03%
March 31, 2023 62.71%
December 31, 2022 64.50%
September 30, 2022 61.47%
June 30, 2022 63.10%
March 31, 2022 62.00%
December 31, 2021 65.09%
September 30, 2021 65.10%
June 30, 2021 62.24%
March 31, 2021 61.50%
December 31, 2020 61.76%
September 30, 2020 61.23%
Date Value
June 30, 2020 61.18%
March 31, 2020 61.30%
December 31, 2019 60.17%
September 30, 2019 62.54%
June 30, 2019 64.17%
March 31, 2019 63.81%
December 31, 2018 64.70%
September 30, 2018 64.52%
June 30, 2018 58.36%
March 31, 2018 60.64%
December 31, 2017 58.60%
September 30, 2017 62.49%
June 30, 2017 62.46%

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

60.17%
Minimum
Dec 2019
65.10%
Maximum
Sep 2021
62.46%
Average
62.24%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics