Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 80.14%
June 30, 2024 80.25%
March 31, 2024 80.19%
December 31, 2023 81.56%
September 30, 2023 80.38%
June 30, 2023 81.71%
March 31, 2023 80.95%
December 31, 2022 81.87%
September 30, 2022 81.58%
June 30, 2022 82.34%
Date Value
March 31, 2022 82.34%
December 31, 2021 83.94%
September 30, 2021 80.35%
June 30, 2021 80.90%
March 31, 2021 82.22%
December 31, 2020 78.91%
September 30, 2020 79.59%
June 30, 2020 73.06%
March 31, 2020 78.78%

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

73.06%
Minimum
Jun 2020
83.94%
Maximum
Dec 2021
80.58%
Average
80.90%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics