Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 70.63%
September 30, 2023 69.62%
June 30, 2023 70.24%
March 31, 2023 68.28%
December 31, 2022 63.37%
September 30, 2022 72.05%
June 30, 2022 49.40%
March 31, 2022 35.57%
December 31, 2021 31.69%
September 30, 2021 46.37%
June 30, 2021 24.79%
March 31, 2021 -232.9%
Date Value
December 31, 2020 6.83%
September 30, 2020 15.15%
June 30, 2020 34.33%
March 31, 2020 -7.06%
December 31, 2019 41.24%
September 30, 2019 -254.2%
June 30, 2019 -108.3%
March 31, 2019 -31.82%
December 31, 2018 -335.1%
September 30, 2018 42.16%
June 30, 2018 36.24%
March 31, 2018 74.69%

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

-254.2%
Minimum
Sep 2019
72.05%
Maximum
Sep 2022
5.11%
Average
35.57%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

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