Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 47.19%
September 30, 2023 -12.89%
June 30, 2023 57.78%
March 31, 2023 62.71%
December 31, 2022 67.76%
September 30, 2022 69.11%
June 30, 2022 67.65%
March 31, 2022 67.47%
Date Value
December 31, 2021 68.65%
September 30, 2021 67.61%
June 30, 2021 71.05%
March 31, 2021 66.76%
December 31, 2020 60.82%
September 30, 2020 60.64%
June 30, 2020 30.29%
March 31, 2020 58.18%

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

-12.89%
Minimum
Sep 2023
71.05%
Maximum
Jun 2021
56.92%
Average
64.74%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics