Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 84.25%
March 31, 2024 86.00%
December 31, 2023 85.90%
September 30, 2023 85.72%
June 30, 2023 85.87%
March 31, 2023 84.87%
December 31, 2022 83.69%
September 30, 2022 83.24%
June 30, 2022 82.40%
March 31, 2022 81.80%
December 31, 2021 81.83%
Date Value
September 30, 2021 80.82%
June 30, 2021 82.59%
March 31, 2021 81.67%
December 31, 2020 80.96%
September 30, 2020 78.36%
June 30, 2020 69.52%
March 31, 2020 80.04%
December 31, 2019 79.69%
September 30, 2019 77.50%
June 30, 2019 74.31%
March 31, 2019 73.08%

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

69.52%
Minimum
Jun 2020
86.00%
Maximum
Mar 2024
82.06%
Average
82.40%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks