Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 74.07%
March 31, 2024 72.70%
December 31, 2023 74.17%
September 30, 2023 76.18%
June 30, 2023 78.13%
March 31, 2023 73.30%
December 31, 2022 73.39%
September 30, 2022 76.31%
June 30, 2022 80.43%
March 31, 2022 75.77%
December 31, 2021 77.65%
September 30, 2021 79.34%
June 30, 2021 78.63%
March 31, 2021 78.55%
December 31, 2020 78.80%
September 30, 2020 81.35%
June 30, 2020 80.35%
March 31, 2020 79.32%
December 31, 2019 78.89%
September 30, 2019 81.10%
June 30, 2019 79.72%
March 31, 2019 79.66%
December 31, 2018 79.51%
September 30, 2018 82.04%
June 30, 2018 78.69%
Date Value
March 31, 2018 79.78%
December 31, 2017 81.86%
September 30, 2017 81.39%
June 30, 2017 81.54%
March 31, 2017 82.05%
December 31, 2016 83.07%
September 30, 2016 83.35%
June 30, 2016 82.84%
March 31, 2016 83.22%
December 31, 2015 83.49%
September 30, 2015 83.34%
June 30, 2015 82.14%
March 31, 2015 82.49%
December 31, 2014 82.69%
September 30, 2014 83.00%
June 30, 2014 82.60%
March 31, 2014 82.22%
December 31, 2013 82.58%
September 30, 2013 81.96%
June 30, 2013 83.06%
March 31, 2013 83.07%
December 31, 2012 83.85%
September 30, 2012 82.57%
June 30, 2012 81.95%
March 31, 2012 81.90%

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

72.70%
Minimum
Mar 2024
81.35%
Maximum
Sep 2020
77.23%
Average
78.13%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics