Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 74.04%
March 31, 2024 75.14%
December 31, 2023 77.64%
September 30, 2023 65.78%
June 30, 2023 72.54%
March 31, 2023 73.33%
December 31, 2022 75.88%
September 30, 2022 78.36%
June 30, 2022 75.26%
March 31, 2022 75.42%
December 31, 2021 76.45%
September 30, 2021 77.22%
June 30, 2021 80.64%
March 31, 2021 81.93%
December 31, 2020 75.85%
Date Value
September 30, 2020 78.66%
June 30, 2020 76.15%
March 31, 2020 75.51%
December 31, 2019 75.69%
September 30, 2019 73.80%
June 30, 2019 74.83%
March 31, 2019 77.95%
December 31, 2018 76.26%
September 30, 2018 77.91%
June 30, 2018 75.51%
March 31, 2018 75.80%
December 31, 2017 75.58%
September 30, 2017 74.87%
June 30, 2017 75.74%
March 31, 2017 79.56%

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

65.78%
Minimum
Sep 2023
81.93%
Maximum
Mar 2021
75.87%
Average
75.85%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics