Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 87.82%
June 30, 2024 86.78%
March 31, 2024 89.23%
December 31, 2023 91.27%
September 30, 2023 87.07%
June 30, 2023 77.60%
March 31, 2023 89.71%
December 31, 2022 93.58%
Date Value
September 30, 2022 80.26%
June 30, 2022 88.52%
March 31, 2022 82.54%
December 31, 2021 84.78%
September 30, 2021 93.86%
June 30, 2021 96.26%
March 31, 2021 98.27%
December 31, 2020 89.38%

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

77.60%
Minimum
Jun 2023
98.27%
Maximum
Mar 2021
88.56%
Average
88.87%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics