Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 67.49%
March 31, 2024 67.29%
December 31, 2023 68.77%
September 30, 2023 67.23%
June 30, 2023 67.20%
March 31, 2023 65.39%
December 31, 2022 63.73%
September 30, 2022 63.03%
June 30, 2022 60.94%
March 31, 2022 60.55%
December 31, 2021 60.44%
September 30, 2021 61.87%
June 30, 2021 61.69%
March 31, 2021 62.17%
December 31, 2020 63.82%
September 30, 2020 68.59%
June 30, 2020 70.14%
March 31, 2020 71.26%
December 31, 2019 72.59%
September 30, 2019 72.92%
June 30, 2019 74.83%
March 31, 2019 77.21%
December 31, 2018 79.00%
September 30, 2018 78.81%
Date Value
June 30, 2018 79.17%
March 31, 2018 78.92%
December 31, 2017 85.09%
September 30, 2017 83.04%
June 30, 2017 82.59%
March 31, 2017 83.94%
December 31, 2016 84.87%
September 30, 2016 85.42%
June 30, 2016 83.97%
March 31, 2016 82.94%
December 31, 2015 83.10%
September 30, 2015 82.90%
June 30, 2015 82.73%
March 31, 2015 82.46%
December 31, 2014 81.81%
September 30, 2014 81.58%
June 30, 2014 81.14%
March 31, 2014 81.84%
December 31, 2013 81.37%
September 30, 2013 80.29%
June 30, 2013 81.85%
March 31, 2013 80.58%
December 31, 2012 78.91%
September 30, 2012 77.82%

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

60.44%
Minimum
Dec 2021
72.59%
Maximum
Dec 2019
65.48%
Average
65.39%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics