Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2023 93.88%
December 31, 2022 93.63%
September 30, 2022 93.94%
Date Value
June 30, 2022 93.30%
March 31, 2022 91.36%

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

91.36%
Minimum
Mar 2022
93.94%
Maximum
Sep 2022
93.22%
Average
93.63%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks