Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 16.45%
June 30, 2024 16.50%
March 31, 2024 16.27%
December 31, 2023 16.68%
September 30, 2023 16.22%
June 30, 2023 16.04%
March 31, 2023 16.08%
December 31, 2022 17.16%
September 30, 2022 16.30%
June 30, 2022 16.14%
Date Value
March 31, 2022 15.96%
December 31, 2021 17.21%
September 30, 2021 17.77%
June 30, 2021 17.14%
December 31, 2020 17.04%
September 30, 2020 16.58%
June 30, 2020 16.23%
March 31, 2020 15.53%
December 31, 2019 16.64%

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

15.53%
Minimum
Mar 2020
17.77%
Maximum
Sep 2021
16.52%
Average
16.45%
Median
Sep 2024

Gross Profit Margin (Quarterly) Benchmarks