Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 89.02%
March 31, 2024 91.79%
December 31, 2023 92.23%
September 30, 2023 92.32%
June 30, 2023 91.17%
March 31, 2023 93.81%
December 31, 2022 95.04%
September 30, 2022 94.63%
June 30, 2022 95.41%
March 31, 2022 95.31%
December 31, 2021 94.95%
September 30, 2021 93.92%
June 30, 2021 92.28%
March 31, 2021 91.52%
December 31, 2020 89.44%
September 30, 2020 91.82%
June 30, 2020 85.08%
March 31, 2020 89.53%
December 31, 2019 92.05%
September 30, 2019 92.13%
June 30, 2019 91.78%
March 31, 2019 96.98%
December 31, 2018 95.01%
September 30, 2018 93.97%
June 30, 2018 95.84%
Date Value
March 31, 2018 97.27%
December 31, 2017 99.14%
September 30, 2017 99.21%
June 30, 2017 99.71%
March 31, 2017 99.94%
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012

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

85.08%
Minimum
Jun 2020
95.41%
Maximum
Jun 2022
92.17%
Average
92.23%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics