Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2023 83.81%
March 31, 2023 88.67%
December 31, 2022 83.53%
September 30, 2022
June 30, 2022
March 31, 2022
December 31, 2021 99.32%
September 30, 2021 84.27%
June 30, 2021 90.12%
March 31, 2021
December 31, 2020 89.19%
September 30, 2020 97.48%
June 30, 2020 84.61%
March 31, 2020 97.95%
Date Value
December 31, 2019 84.84%
September 30, 2019 92.96%
June 30, 2019 -38.69%
March 31, 2019 94.43%
December 31, 2018
September 30, 2018 98.57%
June 30, 2018 97.78%
March 31, 2018 98.09%
December 31, 2017 98.82%
September 30, 2017 87.05%
June 30, 2017 97.06%
March 31, 2017 64.23%
September 30, 2016 95.77%
June 30, 2016 87.33%

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

83.53%
Minimum
Dec 2022
99.32%
Maximum
Dec 2021
89.44%
Average
88.67%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics