Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 58.70% is in line with its 5-year average of 57.77%, near the high end of its 5-year range (54.67%–59.73%).
0.15% below its 12-month average of 58.79%.
Reported quarterly gross margin; no daily interpolation. Q1 FY2025 (2025-03-31): 58.95%.
GROSS MARGIN
58.70%
GROSS MARGIN AVG TTM
58.79%
GROSS MARGIN AVG 3Y
57.47%
GROSS MARGIN AVG 5Y
57.77%
GROSS MARGIN AVG 10Y
59.25%
GROSS MARGIN AVG 15Y
60.69%
GROSS MARGIN AVG 20Y
62.26%
CURRENT VS TTM AVG
-0.15%
CURRENT VS 3Y AVG
+2.13%
CURRENT VS 5Y AVG
+1.61%
CURRENT VS 10Y AVG
-0.92%
CURRENT VS 15Y AVG
-3.29%
CURRENT VS 20Y AVG
-5.72%
Gross Margin
58.7%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2025-03-31 | 58.95% |
| 2024-12-31 | 59.73% |
| 2024-09-30 | 58.11% |
| 2024-06-30 | 57.88% |
| 2024-03-31 | 59.27% |
| 2023-12-31 | 59.14% |
| 2023-09-30 | 57.98% |
| 2023-06-30 | 56.86% |
| 2023-03-31 | 56.22% |
| 2022-12-31 | 57.08% |
| 2022-09-30 | 55.69% |
| 2022-06-30 | 54.67% |
| 2022-03-31 | 55.59% |
| 2021-12-31 | 57.73% |
| 2021-09-30 | 58.23% |
| 2021-06-30 | 58.17% |
| 2021-03-31 | 57.30% |
| 2020-12-31 | 58.65% |
| 2020-09-30 | 57.79% |
| 2020-06-30 | 57.04% |
| 2020-03-31 | 58.05% |
| 2019-12-31 | 59.54% |
| 2019-09-30 | 59.87% |
| 2019-06-30 | 57.76% |
| 2019-03-31 | 58.13% |
| 2018-12-31 | 60.19% |
| 2018-09-30 | 60.26% |
| 2018-06-30 | 58.21% |
| 2018-03-31 | 57.12% |
| 2017-12-31 | 60.61% |
| 2017-09-30 | 61.41% |
| 2017-06-30 | 61.27% |
| 2017-03-31 | 61.15% |
| 2016-12-31 | 62.68% |
| 2016-09-30 | 62.20% |
| 2016-06-30 | 61.93% |
| 2016-03-31 | 62.93% |
| 2015-12-31 | 63.84% |
| 2015-09-30 | 63.86% |
| 2015-06-30 | 63.94% |
| 2015-03-31 | 62.10% |
| 2014-12-31 | 61.28% |
| 2014-09-30 | 63.49% |
| 2014-06-30 | 60.85% |
| 2014-03-31 | 61.54% |
| 2013-12-31 | 63.10% |
| 2013-09-30 | 62.96% |
| 2013-06-30 | 62.61% |
| 2013-03-31 | 63.33% |
| 2012-12-31 | 64.25% |
| 2012-09-30 | 60.25% |
| 2012-06-30 | 62.20% |
| 2012-03-31 | 61.41% |
| 2011-12-31 | 62.36% |
| 2011-09-30 | 64.35% |
| 2011-06-30 | 64.45% |
| 2011-03-31 | 66.80% |
| 2010-12-31 | 66.56% |
| 2010-09-30 | 66.95% |
| 2010-06-30 | 67.46% |
| 2010-03-31 | 67.06% |
| 2009-12-31 | 66.37% |
| 2009-09-30 | 65.20% |
| 2009-06-30 | 63.63% |
| 2009-03-31 | 64.86% |
| 2008-12-31 | 67.05% |
| 2008-09-30 | 67.52% |
| 2008-06-30 | 67.09% |
| 2008-03-31 | 67.82% |
| 2007-12-31 | 67.56% |
| 2007-09-30 | 68.40% |
| 2007-06-30 | 66.80% |
| 2007-03-31 | 66.17% |
| 2006-12-31 | 68.07% |
| 2006-09-30 | 66.84% |
| 2006-06-30 | 66.71% |
| 2006-03-31 | 67.37% |
| 2005-12-31 | 68.14% |
| 2005-09-30 | 68.69% |
| 2005-06-30 | 68.52% |
| 2005-03-31 | 68.12% |
| 2004-12-31 | 70.53% |
| 2004-09-30 | 69.86% |
| 2004-06-30 | 68.47% |
| 2004-03-31 | 66.96% |
| 2003-12-31 | 65.87% |
| 2003-09-30 | 63.43% |
| 2003-06-30 | 62.19% |
| 2003-03-31 | 60.97% |
| 2002-12-31 | 59.37% |
| 2002-09-30 | 54.70% |
| 2002-06-30 | 58.85% |
| 2002-03-31 | 59.09% |
| 2001-12-31 | 61.08% |
| 2001-09-30 | 40.62% |
| 2001-06-30 | 60.19% |