Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 12.50%
June 30, 2024 14.31%
March 31, 2024 16.34%
December 31, 2023 16.68%
September 30, 2023 14.96%
June 30, 2023 17.72%
March 31, 2023 23.48%
December 31, 2022 29.45%
Date Value
September 30, 2022 33.82%
June 30, 2022 31.57%
March 31, 2022 18.52%
December 31, 2021 12.92%
September 30, 2021 8.44%
June 30, 2021 7.55%
March 31, 2021 -2.80%

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

-2.80%
Minimum
Mar 2021
33.82%
Maximum
Sep 2022
17.03%
Average
16.34%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics