Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 95.12%
June 30, 2024 94.39%
March 31, 2024 95.43%
December 31, 2023 94.53%
September 30, 2023 94.28%
June 30, 2023 94.96%
March 31, 2023 94.99%
December 31, 2022 94.63%
September 30, 2022 92.18%
June 30, 2022 93.58%
March 31, 2022 94.26%
December 31, 2021 90.61%
Date Value
September 30, 2021 93.34%
June 30, 2021 94.19%
March 31, 2021 98.99%
December 31, 2020 94.45%
September 30, 2020 91.75%
June 30, 2020 87.38%
March 31, 2020 91.51%
December 31, 2019 95.86%
September 30, 2019 93.27%
June 30, 2019 95.86%
March 31, 2019 98.31%

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

87.38%
Minimum
Jun 2020
98.99%
Maximum
Mar 2021
93.82%
Average
94.33%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics