Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 19.65%
June 30, 2024 21.33%
March 31, 2024 20.29%
December 31, 2023 19.10%
September 30, 2023 18.73%
June 30, 2023 19.66%
March 31, 2023 18.35%
December 31, 2022 18.18%
September 30, 2022 18.00%
June 30, 2022 20.31%
March 31, 2022 19.71%
December 31, 2021 18.39%
Date Value
September 30, 2021 19.01%
June 30, 2021 21.57%
March 31, 2021 21.27%
December 31, 2020 20.98%
September 30, 2020 21.12%
June 30, 2020 22.91%
March 31, 2020 20.76%
December 31, 2019 20.28%
September 30, 2019 17.41%
June 30, 2019 20.55%
March 31, 2019 18.17%
December 31, 2018 19.82%

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

18.00%
Minimum
Sep 2022
22.91%
Maximum
Jun 2020
19.98%
Average
20.00%
Median

Gross Profit Margin (Quarterly) Benchmarks