Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 89.36%
March 31, 2024 88.65%
December 31, 2023 88.06%
September 30, 2023 87.26%
June 30, 2023 84.44%
March 31, 2023 84.74%
December 31, 2022 86.28%
September 30, 2022 85.41%
June 30, 2022 87.97%
March 31, 2022 88.24%
December 31, 2021 89.32%
September 30, 2021 87.82%
June 30, 2021 82.29%
March 31, 2021 88.58%
December 31, 2020 87.09%
September 30, 2020 86.21%
June 30, 2020 93.38%
March 31, 2020 95.63%
December 31, 2019 95.91%
September 30, 2019 95.28%
June 30, 2019 96.14%
March 31, 2019 95.69%
December 31, 2018 96.39%
Date Value
September 30, 2018 95.92%
June 30, 2018 96.30%
March 31, 2018 96.38%
December 31, 2017 95.30%
September 30, 2017 94.71%
June 30, 2017 94.91%
March 31, 2017 94.88%
December 31, 2016 93.95%
September 30, 2016 93.97%
June 30, 2016 94.67%
March 31, 2016 95.40%
December 31, 2015 93.60%
September 30, 2015 94.29%
June 30, 2015 95.06%
March 31, 2015 94.37%
December 31, 2014 92.69%
September 30, 2014 94.18%
June 30, 2014 94.40%
March 31, 2014 94.56%
December 31, 2013 89.68%
September 30, 2013 97.37%
June 30, 2013 98.58%

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

82.29%
Minimum
Jun 2021
95.91%
Maximum
Dec 2019
88.24%
Average
87.97%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks