Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 89.67%
September 30, 2023 90.73%
June 30, 2023 90.00%
March 31, 2023 89.60%
December 31, 2022 90.26%
September 30, 2022 90.06%
June 30, 2022 90.97%
March 31, 2022 88.64%
December 31, 2021 88.40%
September 30, 2021 89.60%
June 30, 2021 91.26%
March 31, 2021 91.62%
December 31, 2020 91.95%
September 30, 2020 93.96%
June 30, 2020 90.50%
March 31, 2020 92.18%
December 31, 2019 92.61%
September 30, 2019 91.86%
June 30, 2019 90.54%
March 31, 2019 89.56%
December 31, 2018 95.60%
September 30, 2018 91.73%
Date Value
June 30, 2018 91.18%
March 31, 2018 90.81%
December 31, 2017 90.84%
September 30, 2017 91.40%
June 30, 2017 91.29%
March 31, 2017 91.56%
December 31, 2016 91.55%
September 30, 2016 91.59%
June 30, 2016 90.42%
March 31, 2016 89.94%
December 31, 2015 90.58%
September 30, 2015 91.78%
June 30, 2015 90.92%
March 31, 2015 90.11%
December 31, 2014 91.01%
September 30, 2014 91.78%
June 30, 2014 91.81%
March 31, 2014 91.53%
December 31, 2013 89.52%
September 30, 2013 90.27%
June 30, 2013 88.24%
March 31, 2013 84.98%

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

88.40%
Minimum
Dec 2021
93.96%
Maximum
Sep 2020
90.70%
Average
90.52%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics