Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 68.60%
June 30, 2024 56.63%
March 31, 2024 30.30%
December 31, 2023 34.81%
September 30, 2023 26.75%
June 30, 2023 33.33%
March 31, 2023 37.23%
December 31, 2022 42.27%
Date Value
September 30, 2022 39.69%
June 30, 2022 62.38%
March 31, 2022 31.16%
December 31, 2021 38.31%
September 30, 2021 36.99%
June 30, 2021 57.45%
March 31, 2021 47.09%

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

26.75%
Minimum
Sep 2023
68.60%
Maximum
Sep 2024
42.87%
Average
38.31%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics