Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 72.06%
December 31, 2023 83.37%
September 30, 2023 81.73%
June 30, 2023
March 31, 2023 74.15%
Date Value
December 31, 2022 96.89%
September 30, 2022 80.08%
June 30, 2022 92.57%
March 31, 2022 80.18%

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

72.06%
Minimum
Mar 2024
96.89%
Maximum
Dec 2022
82.63%
Average
80.96%
Median

Gross Profit Margin (Quarterly) Benchmarks