Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 24.08%
March 31, 2024 35.38%
December 31, 2023 37.08%
September 30, 2023 26.59%
June 30, 2023 27.84%
March 31, 2023 28.79%
December 31, 2022 43.59%
September 30, 2022 45.89%
June 30, 2022 54.52%
March 31, 2022 49.66%
December 31, 2021 79.42%
September 30, 2021 78.94%
June 30, 2021 -28.93%
March 31, 2021 76.33%
December 31, 2020 75.52%
September 30, 2020 74.15%
Date Value
June 30, 2020
March 31, 2020 30.94%
December 31, 2019 40.90%
September 30, 2019 43.91%
June 30, 2019 43.98%
March 31, 2019 35.89%
December 31, 2018 41.51%
September 30, 2018 48.04%
June 30, 2018 52.10%
March 31, 2018 47.72%
December 31, 2017 47.92%
September 30, 2017 51.27%
June 30, 2017 -24.59%
March 31, 2017 61.31%
December 31, 2016 38.69%
September 30, 2016 41.27%

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

-28.93%
Minimum
Jun 2021
79.42%
Maximum
Dec 2021
44.48%
Average
42.25%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics