Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 94.01%
December 31, 2023 90.70%
September 30, 2023 79.85%
June 30, 2023
March 31, 2023
December 31, 2022 96.00%
September 30, 2022
Date Value
June 30, 2022 96.58%
March 31, 2022 93.88%
December 31, 2021
September 30, 2021 94.76%
June 30, 2021 96.65%
March 31, 2021 96.12%

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

79.85%
Minimum
Sep 2023
96.65%
Maximum
Jun 2021
93.17%
Average
94.76%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics