Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 89.87%
March 31, 2024 89.19%
December 31, 2023 86.66%
September 30, 2023 89.28%
June 30, 2023 88.37%
March 31, 2023 87.61%
December 31, 2022 88.30%
Date Value
September 30, 2022 88.40%
June 30, 2022 95.83%
March 31, 2022 84.65%
December 31, 2021 87.01%
September 30, 2021 78.40%
June 30, 2021 50.00%
March 31, 2021 88.57%

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

50.00%
Minimum
Jun 2021
95.83%
Maximum
Jun 2022
85.15%
Average
88.34%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics