Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 68.15%
March 31, 2024 92.11%
December 31, 2023 85.87%
September 30, 2023 84.62%
June 30, 2023 72.72%
March 31, 2023 86.24%
Date Value
December 31, 2022 77.67%
September 30, 2022 88.93%
June 30, 2022 82.37%
March 31, 2022 37.81%
December 31, 2021 28.06%

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

28.06%
Minimum
Dec 2021
92.11%
Maximum
Mar 2024
73.14%
Average
82.37%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics