Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 90.08%
September 30, 2023 90.66%
June 30, 2023 90.80%
March 31, 2023 88.78%
December 31, 2022 89.98%
September 30, 2022 90.38%
June 30, 2022 90.93%
March 31, 2022 90.49%
Date Value
December 31, 2021 91.02%
September 30, 2021 89.53%
June 30, 2021 88.19%
March 31, 2021 87.27%
December 31, 2020 86.97%
September 30, 2020 87.41%
June 30, 2020 86.49%
March 31, 2020 87.23%

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

86.49%
Minimum
Jun 2020
91.02%
Maximum
Dec 2021
89.14%
Average
89.75%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics