Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 75.97%
March 31, 2024 77.91%
December 31, 2023 74.00%
September 30, 2023 76.02%
June 30, 2023 75.54%
March 31, 2023 76.43%
December 31, 2022 71.72%
September 30, 2022 75.75%
June 30, 2022 76.32%
March 31, 2022 77.44%
December 31, 2021 74.28%
September 30, 2021 76.47%
June 30, 2021 77.05%
March 31, 2021 79.19%
December 31, 2020 75.09%
September 30, 2020 78.94%
June 30, 2020 79.13%
March 31, 2020 78.56%
December 31, 2019 79.69%
September 30, 2019 76.24%
June 30, 2019 76.51%
March 31, 2019 76.53%
December 31, 2018 75.40%
September 30, 2018 76.20%
June 30, 2018 76.07%
Date Value
March 31, 2018 76.92%
December 31, 2017 64.00%
September 30, 2017 78.58%
June 30, 2017 76.63%
March 31, 2017 74.56%
December 31, 2016 70.72%
September 30, 2016 72.97%
June 30, 2016 78.64%
March 31, 2016 78.36%
December 31, 2015 62.24%
September 30, 2015 74.84%
June 30, 2015 69.33%
March 31, 2015 69.22%
December 31, 2014 70.54%
September 30, 2014 80.75%
June 30, 2014 85.16%
March 31, 2014 86.21%
December 31, 2013 82.22%
September 30, 2013 83.10%
June 30, 2013 82.63%
March 31, 2013 84.98%
December 31, 2012 79.75%
September 30, 2012 81.14%
June 30, 2012 82.62%
March 31, 2012 83.75%

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

71.72%
Minimum
Dec 2022
79.69%
Maximum
Dec 2019
76.61%
Average
76.43%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks