Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 11.41%
June 30, 2024 11.15%
March 31, 2024 8.81%
December 31, 2023 10.23%
September 30, 2023 12.88%
June 30, 2023 11.19%
March 31, 2023 9.76%
December 31, 2022 9.90%
September 30, 2022 13.18%
June 30, 2022 16.16%
Date Value
March 31, 2022 12.09%
December 31, 2021 12.98%
September 30, 2021 13.45%
June 30, 2021 11.19%
March 31, 2021 5.99%
December 31, 2020 11.30%
September 30, 2020 23.31%
June 30, 2020 20.39%
March 31, 2020 13.91%

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

5.99%
Minimum
Mar 2021
23.31%
Maximum
Sep 2020
12.59%
Average
11.41%
Median
Sep 2024

Gross Profit Margin (Quarterly) Benchmarks

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