Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2023 48.64%
June 30, 2023 33.87%
March 31, 2023 43.64%
December 31, 2022 -6.69%
September 30, 2022 26.95%
June 30, 2022 15.65%
March 31, 2022 24.07%
December 31, 2021 27.07%
September 30, 2021 20.69%
Date Value
June 30, 2021 5.15%
March 31, 2021 -7.35%
December 31, 2020 22.21%
September 30, 2020 -7.29%
June 30, 2020 18.27%
March 31, 2020 6.65%
December 31, 2019 73.86%
September 30, 2019 57.75%

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

-7.35%
Minimum
Mar 2021
73.86%
Maximum
Dec 2019
23.71%
Average
22.21%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

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