Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 78.77%
March 31, 2024 77.73%
December 31, 2023 81.01%
September 30, 2023 79.54%
June 30, 2023 72.24%
March 31, 2023 77.50%
December 31, 2022 84.72%
September 30, 2022 80.92%
June 30, 2022 80.41%
March 31, 2022 79.88%
December 31, 2021 88.64%
September 30, 2021 74.36%
June 30, 2021 72.76%
March 31, 2021 73.64%
December 31, 2020 75.64%
September 30, 2020 71.03%
June 30, 2020 71.64%
Date Value
March 31, 2020 72.70%
December 31, 2019 71.59%
September 30, 2019 67.23%
June 30, 2019 62.82%
March 31, 2019 68.07%
December 31, 2018 67.79%
September 30, 2018 79.19%
June 30, 2018 80.33%
March 31, 2018 87.15%
December 31, 2017 92.97%
September 30, 2017 92.15%
June 30, 2017 91.78%
March 31, 2017 93.69%
December 31, 2016 79.62%
September 30, 2016 80.70%
June 30, 2016 85.13%
March 31, 2016 84.59%

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.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

71.03%
Minimum
Sep 2020
88.64%
Maximum
Dec 2021
77.09%
Average
77.50%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics