Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 94.59%
March 31, 2024 92.75%
December 31, 2023 92.36%
September 30, 2023 92.11%
June 30, 2023 92.40%
March 31, 2023 92.36%
December 31, 2022 90.33%
September 30, 2022 90.32%
June 30, 2022 90.59%
March 31, 2022 90.59%
December 31, 2021 90.83%
September 30, 2021 90.30%
June 30, 2021 90.33%
March 31, 2021 90.38%
December 31, 2020 90.52%
September 30, 2020 90.22%
June 30, 2020 90.60%
March 31, 2020 91.02%
December 31, 2019 89.78%
September 30, 2019 88.60%
June 30, 2019 89.22%
March 31, 2019 89.28%
December 31, 2018 89.32%
September 30, 2018 89.69%
June 30, 2018 88.99%
Date Value
March 31, 2018 89.54%
December 31, 2017 89.18%
September 30, 2017 89.05%
June 30, 2017 89.23%
March 31, 2017 89.30%
December 31, 2016 86.21%
September 30, 2016 81.84%
June 30, 2016 81.98%
March 31, 2016 82.09%
December 31, 2015 80.62%
September 30, 2015 77.03%
June 30, 2015 79.10%
March 31, 2015 77.36%
December 31, 2014 95.56%
September 30, 2014 95.24%
June 30, 2014 98.18%
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012

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

89.78%
Minimum
Dec 2019
94.59%
Maximum
Jun 2024
91.18%
Average
90.59%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics