Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 87.73%
March 31, 2024 87.77%
December 31, 2023 88.87%
September 30, 2023 88.84%
June 30, 2023 86.94%
March 31, 2023 86.19%
December 31, 2022 88.08%
September 30, 2022 82.65%
June 30, 2022 83.81%
March 31, 2022 85.09%
December 31, 2021 84.24%
September 30, 2021 87.62%
June 30, 2021 88.11%
March 31, 2021 84.79%
December 31, 2020 84.56%
September 30, 2020 89.57%
Date Value
June 30, 2020 90.29%
March 31, 2020 88.90%
December 31, 2019 84.45%
September 30, 2019 86.84%
June 30, 2019 83.18%
March 31, 2019 86.14%
December 31, 2018 84.44%
September 30, 2018 88.86%
June 30, 2018 90.84%
March 31, 2018 91.36%
December 31, 2017 93.81%
September 30, 2017 93.30%
June 30, 2017 98.55%
March 31, 2017 98.64%
December 31, 2016 98.14%

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

82.65%
Minimum
Sep 2022
90.29%
Maximum
Jun 2020
86.76%
Average
87.62%
Median
Sep 2021