Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 38.56%
June 30, 2024 40.15%
March 31, 2024 38.98%
December 31, 2023 41.05%
September 30, 2023 40.11%
June 30, 2023 44.78%
March 31, 2023 42.10%
December 31, 2022 44.35%
September 30, 2022 42.59%
Date Value
June 30, 2022 43.43%
March 31, 2022 39.67%
December 31, 2021 40.70%
September 30, 2021 41.71%
June 30, 2021 42.29%
March 31, 2021 41.06%
December 31, 2020 42.82%
September 30, 2020 37.52%

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

37.52%
Minimum
Sep 2020
44.78%
Maximum
Jun 2023
41.29%
Average
41.06%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks