Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 74.78%
March 31, 2024 75.43%
December 31, 2023 74.97%
September 30, 2023 75.31%
June 30, 2023 76.63%
March 31, 2023 75.38%
December 31, 2022 74.89%
September 30, 2022 75.79%
June 30, 2022 75.82%
March 31, 2022 73.65%
December 31, 2021 74.68%
September 30, 2021 75.20%
June 30, 2021 75.29%
March 31, 2021 73.34%
December 31, 2020 73.35%
September 30, 2020 74.06%
June 30, 2020 73.91%
March 31, 2020 73.61%
December 31, 2019 73.77%
September 30, 2019 74.67%
June 30, 2019 74.34%
March 31, 2019 73.84%
December 31, 2018 73.88%
September 30, 2018 74.97%
June 30, 2018 72.31%
Date Value
March 31, 2018 73.34%
December 31, 2017 71.55%
September 30, 2017 73.18%
June 30, 2017 74.21%
March 31, 2017 72.82%
December 31, 2016 72.58%
September 30, 2016 73.11%
June 30, 2016 72.49%
March 31, 2016 69.78%
December 31, 2015 71.39%
September 30, 2015 73.67%
June 30, 2015 74.43%
March 31, 2015 69.18%
December 31, 2014 72.41%
September 30, 2014 73.06%
June 30, 2014 73.55%
March 31, 2014 69.49%
December 31, 2013 72.44%
September 30, 2013 71.44%
June 30, 2013 72.19%
March 31, 2013 71.65%
December 31, 2012 69.18%
September 30, 2012 72.87%
June 30, 2012 71.24%
March 31, 2012 70.18%

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

73.34%
Minimum
Mar 2021
76.63%
Maximum
Jun 2023
74.73%
Average
74.89%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics