Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 44.08%
December 31, 2023 41.73%
September 30, 2023 42.04%
June 30, 2023 42.71%
March 31, 2023 42.15%
December 31, 2022 39.43%
September 30, 2022 40.46%
June 30, 2022 39.24%
March 31, 2022 37.88%
Date Value
December 31, 2021 38.71%
September 30, 2021 41.98%
June 30, 2021 39.94%
March 31, 2021 41.54%
December 31, 2020 41.61%
September 30, 2020 41.16%
June 30, 2020 42.24%
March 31, 2020 41.84%

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

37.88%
Minimum
Mar 2022
44.08%
Maximum
Mar 2024
41.10%
Average
41.61%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

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