Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2023 46.42%
March 31, 2023 48.79%
December 31, 2022 53.48%
September 30, 2022 59.53%
June 30, 2022 56.02%
March 31, 2022 55.41%
December 31, 2021 41.59%
September 30, 2021 40.98%
June 30, 2021 59.67%
March 31, 2021 34.64%
Date Value
December 31, 2020 64.81%
September 30, 2020 63.88%
June 30, 2020 57.12%
March 31, 2020 38.32%
December 31, 2019 68.14%
September 30, 2019 69.09%
June 30, 2019 68.48%
March 31, 2019 67.01%
December 31, 2018 70.58%
September 30, 2018 63.51%

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

34.64%
Minimum
Mar 2021
69.09%
Maximum
Sep 2019
54.49%
Average
56.02%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks