Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 87.32%
June 30, 2024 88.08%
March 31, 2024 87.99%
December 31, 2023 87.24%
September 30, 2023 87.06%
June 30, 2023 86.37%
March 31, 2023 87.54%
December 31, 2022 85.58%
September 30, 2022 85.34%
June 30, 2022 87.77%
March 31, 2022 84.65%
December 31, 2021 79.09%
September 30, 2021 80.93%
June 30, 2021 86.78%
March 31, 2021 78.87%
December 31, 2020 77.61%
September 30, 2020 78.79%
June 30, 2020 69.43%
March 31, 2020 86.70%
December 31, 2019 87.97%
September 30, 2019 88.03%
June 30, 2019 89.96%
March 31, 2019 90.17%
December 31, 2018 89.36%
September 30, 2018 88.19%
Date Value
June 30, 2018 89.26%
March 31, 2018 89.04%
December 31, 2017 87.18%
September 30, 2017 87.77%
June 30, 2017 87.80%
March 31, 2017 88.72%
December 31, 2016 87.83%
September 30, 2016 87.81%
June 30, 2016 88.35%
March 31, 2016 87.51%
December 31, 2015 74.45%
September 30, 2015 85.94%
June 30, 2015 85.84%
March 31, 2015 88.39%
December 31, 2014 86.47%
September 30, 2014 86.74%
June 30, 2014 88.14%
March 31, 2014 88.12%
December 31, 2013 88.48%
September 30, 2013 88.40%
June 30, 2013 89.29%
March 31, 2013 90.55%
December 31, 2012 89.00%
September 30, 2012 88.75%
June 30, 2012 90.78%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

69.43%
Minimum
Jun 2020
88.08%
Maximum
Jun 2024
84.06%
Average
86.54%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics