Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2023 32.05%
March 31, 2023 34.18%
December 31, 2022 31.57%
September 30, 2022 34.29%
June 30, 2022 34.72%
March 31, 2022 31.26%
Date Value
December 31, 2021 29.70%
September 30, 2021 26.61%
June 30, 2021 31.15%
March 31, 2021 29.51%
December 31, 2020 25.70%
September 30, 2020 35.14%

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

25.70%
Minimum
Dec 2020
35.14%
Maximum
Sep 2020
31.32%
Average
31.41%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics