Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 83.79%
March 31, 2024 85.31%
December 31, 2023 82.95%
September 30, 2023 83.03%
June 30, 2023 80.12%
March 31, 2023 83.98%
December 31, 2022 81.02%
September 30, 2022 82.30%
June 30, 2022 80.99%
March 31, 2022 71.58%
December 31, 2021 77.19%
September 30, 2021 70.89%
June 30, 2021 62.01%
March 31, 2021 77.72%
December 31, 2020 53.77%
Date Value
September 30, 2020 69.89%
June 30, 2020 35.92%
March 31, 2020 -6.80%
December 31, 2019 14.00%
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018 84.03%
December 31, 2017
September 30, 2017
June 30, 2017 99.29%

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

-6.80%
Minimum
Mar 2020
85.31%
Maximum
Mar 2024
66.82%
Average
77.72%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics