Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 62.32%
June 30, 2024 57.79%
March 31, 2024 45.66%
December 31, 2023 62.75%
September 30, 2023 60.58%
June 30, 2023 51.51%
March 31, 2023 57.42%
December 31, 2022 56.77%
September 30, 2022 57.86%
June 30, 2022 57.79%
Date Value
March 31, 2022 59.76%
December 31, 2021 63.29%
September 30, 2021 62.73%
June 30, 2021 62.23%
March 31, 2021 60.64%
December 31, 2020 61.26%
September 30, 2020 60.62%
June 30, 2020 61.57%
March 31, 2020 60.76%

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

45.66%
Minimum
Mar 2024
63.29%
Maximum
Dec 2021
59.12%
Average
60.62%
Median
Sep 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics