Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 91.27%
June 30, 2024 82.65%
March 31, 2024 92.34%
December 31, 2023 91.75%
September 30, 2023 91.44%
June 30, 2023 83.49%
March 31, 2023 90.12%
December 31, 2022 90.42%
September 30, 2022 85.30%
June 30, 2022 92.21%
March 31, 2022 59.25%
December 31, 2021
September 30, 2021
Date Value
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019 98.49%
June 30, 2019 98.84%
March 31, 2019 98.90%
December 31, 2018 97.66%
September 30, 2018 95.43%

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

59.25%
Minimum
Mar 2022
92.34%
Maximum
Mar 2024
86.39%
Average
90.42%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks

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