Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 61.94%
March 31, 2024 63.14%
December 31, 2023 64.76%
September 30, 2023 62.99%
June 30, 2023 63.51%
March 31, 2023 63.33%
December 31, 2022 72.87%
September 30, 2022 70.92%
June 30, 2022 66.20%
March 31, 2022 64.51%
December 31, 2021 71.73%
September 30, 2021 79.22%
June 30, 2021 86.99%
Date Value
March 31, 2021 85.44%
December 31, 2020 85.02%
September 30, 2020 84.78%
June 30, 2020 84.54%
March 31, 2020 76.39%
December 31, 2019 83.66%
September 30, 2019 82.18%
June 30, 2019 82.52%
March 31, 2019 82.33%
December 31, 2018 82.72%
September 30, 2018 85.74%
June 30, 2018 86.11%
March 31, 2018 86.99%

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

61.94%
Minimum
Jun 2024
86.99%
Maximum
Jun 2021
73.26%
Average
71.73%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks