Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 85.94%
March 31, 2024 87.27%
December 31, 2023 85.38%
September 30, 2023 87.17%
June 30, 2023 87.62%
March 31, 2023 88.76%
December 31, 2022 87.70%
September 30, 2022 87.60%
June 30, 2022 88.08%
March 31, 2022 88.28%
December 31, 2021 88.06%
September 30, 2021 88.08%
June 30, 2021 87.29%
March 31, 2021 88.85%
December 31, 2020 87.52%
September 30, 2020 87.90%
June 30, 2020 87.90%
March 31, 2020 89.27%
December 31, 2019 86.91%
September 30, 2019 86.11%
June 30, 2019 85.58%
March 31, 2019 88.92%
December 31, 2018 85.95%
September 30, 2018 85.82%
June 30, 2018 86.12%
Date Value
March 31, 2018 88.82%
December 31, 2017 87.10%
September 30, 2017 87.40%
June 30, 2017 86.91%
March 31, 2017 93.43%
December 31, 2016 86.81%
September 30, 2016 86.93%
June 30, 2016 89.52%
March 31, 2016 87.28%
December 31, 2015 84.83%
September 30, 2015 89.68%
June 30, 2015 89.85%
March 31, 2015 91.11%
December 31, 2014 90.30%
September 30, 2014 92.08%
June 30, 2014 87.50%
March 31, 2014 86.93%
December 31, 2013 93.66%
September 30, 2013 87.67%
June 30, 2013 87.79%
March 31, 2013 86.98%
December 31, 2012 73.74%
September 30, 2012 88.53%
June 30, 2012 72.65%
March 31, 2012 91.06%

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

85.38%
Minimum
Dec 2023
89.27%
Maximum
Mar 2020
87.66%
Average
87.70%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics