Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 76.80%
March 31, 2024 76.36%
December 31, 2023 77.29%
September 30, 2023 75.75%
June 30, 2023 74.52%
March 31, 2023 74.35%
December 31, 2022 76.11%
September 30, 2022 75.60%
June 30, 2022 75.49%
March 31, 2022 76.19%
December 31, 2021 75.86%
September 30, 2021 76.57%
June 30, 2021 76.71%
March 31, 2021 77.28%
December 31, 2020 74.79%
September 30, 2020 75.16%
June 30, 2020 73.47%
March 31, 2020 73.90%
December 31, 2019 71.29%
September 30, 2019 70.68%
June 30, 2019 71.86%
March 31, 2019 72.08%
Date Value
December 31, 2018 73.01%
September 30, 2018 74.28%
June 30, 2018 72.44%
March 31, 2018 72.44%
December 31, 2017 70.48%
September 30, 2017 69.94%
June 30, 2017 71.08%
March 31, 2017 72.61%
December 31, 2016 71.52%
September 30, 2016 71.52%
June 30, 2016 70.76%
March 31, 2016 70.58%
December 31, 2015 72.39%
September 30, 2015 73.05%
June 30, 2015 71.29%
March 31, 2015 72.52%
December 31, 2014 66.94%
September 30, 2014 69.42%
June 30, 2014 70.16%
March 31, 2014 73.46%
December 31, 2013 71.07%

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

71.29%
Minimum
Dec 2019
77.29%
Maximum
Dec 2023
75.45%
Average
75.75%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks

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