Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2023 -242.3%
June 30, 2023 69.28%
March 31, 2023 86.32%
December 31, 2022 -118.7%
September 30, 2022 83.44%
June 30, 2022 59.94%
March 31, 2022 -33.47%
December 31, 2021
September 30, 2021 83.77%
June 30, 2021 43.76%
March 31, 2021 93.73%
Date Value
December 31, 2020 98.37%
September 30, 2020 79.29%
June 30, 2020
March 31, 2020
December 31, 2019 98.46%
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018 84.93%
September 30, 2018 96.66%

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

-242.3%
Minimum
Sep 2023
98.46%
Maximum
Dec 2019
30.91%
Average
79.29%
Median
Sep 2020

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