Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 83.61%
March 31, 2024 85.03%
December 31, 2023 87.53%
September 30, 2023 83.72%
June 30, 2023 85.45%
March 31, 2023 85.11%
December 31, 2022 87.18%
September 30, 2022 84.61%
June 30, 2022 86.36%
March 31, 2022 85.37%
December 31, 2021 88.81%
September 30, 2021 86.01%
June 30, 2021 85.71%
March 31, 2021 85.93%
December 31, 2020 95.20%
September 30, 2020 84.36%
June 30, 2020 82.84%
March 31, 2020 82.21%
December 31, 2019 82.93%
September 30, 2019 82.07%
June 30, 2019 81.31%
March 31, 2019 82.99%
December 31, 2018 83.83%
September 30, 2018 83.19%
June 30, 2018 83.41%
Date Value
March 31, 2018 82.84%
December 31, 2017 85.47%
September 30, 2017 84.51%
June 30, 2017 84.20%
March 31, 2017 83.98%
December 31, 2016 84.03%
September 30, 2016 82.39%
June 30, 2016 83.20%
March 31, 2016 82.90%
December 31, 2015 83.10%
September 30, 2015 82.84%
June 30, 2015 83.25%
March 31, 2015 82.52%
December 31, 2014 82.65%
September 30, 2014 81.67%
June 30, 2014 82.34%
March 31, 2014 82.56%
December 31, 2013 83.93%
September 30, 2013 82.94%
June 30, 2013 83.96%
March 31, 2013 82.19%
December 31, 2012 81.71%
September 30, 2012 82.52%
June 30, 2012 81.91%
March 31, 2012 81.69%

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

82.21%
Minimum
Mar 2020
95.20%
Maximum
Dec 2020
85.68%
Average
85.37%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks