Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 99.29%
June 30, 2024 99.29%
March 31, 2024 99.32%
December 31, 2023 99.12%
September 30, 2023 99.30%
June 30, 2023 99.27%
March 31, 2023 99.32%
December 31, 2022 99.19%
September 30, 2022 99.31%
June 30, 2022 99.12%
March 31, 2022 98.73%
December 31, 2021 98.47%
September 30, 2021 98.63%
June 30, 2021 98.61%
March 31, 2021 98.80%
December 31, 2020 96.91%
Date Value
September 30, 2020 96.49%
June 30, 2020 98.11%
March 31, 2020 98.01%
December 31, 2019 98.09%
September 30, 2019 97.56%
June 30, 2019 97.80%
March 31, 2019 98.09%
December 31, 2018 89.05%
September 30, 2018 87.26%
June 30, 2018 89.39%
March 31, 2018 90.22%
December 31, 2017 87.38%
September 30, 2017 26.67%
December 31, 2016 25.79%
September 30, 2016 28.86%

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

96.49%
Minimum
Sep 2020
99.32%
Maximum
Mar 2023
98.67%
Average
98.96%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics