Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 85.63%
March 31, 2024 84.80%
December 31, 2023 86.41%
September 30, 2023 86.60%
June 30, 2023 85.53%
March 31, 2023 85.22%
December 31, 2022 86.01%
September 30, 2022 86.05%
June 30, 2022 85.11%
March 31, 2022 83.65%
December 31, 2021 85.08%
September 30, 2021 85.64%
June 30, 2021 84.36%
March 31, 2021 83.25%
December 31, 2020 84.76%
September 30, 2020 84.47%
June 30, 2020 83.63%
March 31, 2020 84.45%
December 31, 2019 84.40%
September 30, 2019 84.71%
June 30, 2019 83.43%
March 31, 2019 92.95%
December 31, 2018 84.28%
September 30, 2018 83.93%
June 30, 2018 82.57%
Date Value
March 31, 2018 82.07%
December 31, 2017 83.08%
September 30, 2017 83.38%
June 30, 2017 82.18%
March 31, 2017 81.53%
December 31, 2016 82.42%
September 30, 2016 83.15%
June 30, 2016 82.22%
March 31, 2016 81.87%
December 31, 2015 82.63%
September 30, 2015 82.96%
June 30, 2015 82.18%
March 31, 2015 81.19%
December 31, 2014 81.70%
September 30, 2014 82.84%
June 30, 2014 81.84%
March 31, 2014 81.45%
December 31, 2013 81.79%
September 30, 2013 83.01%
June 30, 2013 80.40%
March 31, 2013 84.74%
December 31, 2012 79.93%
September 30, 2012 80.12%
June 30, 2012 78.78%
March 31, 2012 77.07%

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

83.25%
Minimum
Mar 2021
86.60%
Maximum
Sep 2023
85.00%
Average
85.08%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks