Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 90.15%
June 30, 2024 90.07%
March 31, 2024 89.50%
December 31, 2023 89.36%
September 30, 2023 89.37%
June 30, 2023 89.28%
March 31, 2023 89.04%
December 31, 2022 88.92%
September 30, 2022 89.02%
June 30, 2022 89.32%
March 31, 2022 88.73%
December 31, 2021 88.58%
September 30, 2021 88.34%
June 30, 2021 89.43%
March 31, 2021 88.48%
December 31, 2020 88.62%
September 30, 2020 88.48%
June 30, 2020 89.61%
March 31, 2020 88.77%
December 31, 2019 88.81%
September 30, 2019 88.88%
June 30, 2019 89.29%
March 31, 2019 89.04%
December 31, 2018 89.08%
September 30, 2018 89.23%
Date Value
June 30, 2018 89.19%
March 31, 2018 89.10%
December 31, 2017 89.22%
September 30, 2017 89.45%
June 30, 2017 89.49%
March 31, 2017 89.38%
December 31, 2016 89.34%
September 30, 2016 89.30%
June 30, 2016 89.53%
March 31, 2016 89.58%
December 31, 2015 89.11%
September 30, 2015 89.12%
June 30, 2015 89.41%
March 31, 2015 89.27%
December 31, 2014 89.27%
September 30, 2014 89.08%
June 30, 2014 89.09%
March 31, 2014 88.87%
December 31, 2013 89.01%
September 30, 2013 88.60%
June 30, 2013 88.97%
March 31, 2013 88.83%
December 31, 2012 88.40%
September 30, 2012 88.59%
June 30, 2012 88.52%

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

88.34%
Minimum
Sep 2021
90.15%
Maximum
Sep 2024
89.09%
Average
89.03%
Median

Gross Profit Margin (Quarterly) Benchmarks