Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 60.00%
September 30, 2023 60.00%
June 30, 2023
March 31, 2023
December 31, 2022 69.35%
September 30, 2022 70.91%
June 30, 2022
March 31, 2022 54.73%
December 31, 2021 41.78%
September 30, 2021 60.00%
June 30, 2021 55.00%
March 31, 2021
December 31, 2020 54.29%
Date Value
September 30, 2020 77.14%
June 30, 2020 61.29%
March 31, 2020 66.28%
December 31, 2019
September 30, 2019 86.09%
June 30, 2019 68.83%
March 31, 2019 71.97%
December 31, 2018 49.56%
September 30, 2018 30.54%
June 30, 2018 47.33%
March 31, 2018 75.00%
December 31, 2017 -66.67%

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

41.78%
Minimum
Dec 2021
86.09%
Maximum
Sep 2019
63.26%
Average
60.65%
Median

Gross Profit Margin (Quarterly) Benchmarks