Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 58.92%
June 30, 2024 59.36%
March 31, 2024 57.84%
December 31, 2023 55.98%
September 30, 2023 53.99%
June 30, 2023 53.94%
March 31, 2023 53.57%
December 31, 2022 51.63%
September 30, 2022 51.61%
June 30, 2022 53.97%
Date Value
March 31, 2022 55.39%
December 31, 2021 54.55%
September 30, 2021 56.27%
June 30, 2021 55.91%
March 31, 2021 53.41%
December 31, 2020 57.77%
September 30, 2020 52.40%
June 30, 2020 50.36%
March 31, 2020 48.72%

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

48.72%
Minimum
Mar 2020
59.36%
Maximum
Jun 2024
54.51%
Average
53.99%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks

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