Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 97.76%
March 31, 2024 97.02%
December 31, 2023 97.00%
September 30, 2023 98.05%
June 30, 2023 97.61%
March 31, 2023 97.15%
December 31, 2022 96.67%
September 30, 2022 98.24%
June 30, 2022 97.94%
March 31, 2022 97.07%
December 31, 2021 96.84%
September 30, 2021 97.74%
June 30, 2021 96.90%
March 31, 2021 93.24%
December 31, 2020 93.75%
September 30, 2020 95.64%
June 30, 2020 83.55%
March 31, 2020 97.99%
Date Value
December 31, 2019 98.31%
September 30, 2019 98.98%
June 30, 2019 99.07%
March 31, 2019 99.09%
December 31, 2018 99.40%
September 30, 2018 99.44%
June 30, 2018 99.38%
March 31, 2018 99.39%
December 31, 2017 99.13%
September 30, 2017 99.36%
June 30, 2017 99.53%
March 31, 2017 99.59%
December 31, 2016 99.32%
September 30, 2016 99.59%
June 30, 2016 99.23%
March 31, 2016 99.55%
December 31, 2015 99.01%

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

83.55%
Minimum
Jun 2020
98.31%
Maximum
Dec 2019
96.23%
Average
97.07%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

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