Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 51.32%
December 31, 2019 49.42%
September 30, 2019 55.16%
June 30, 2019 52.71%
Date Value
March 31, 2019 54.34%
December 31, 2018 48.75%
September 30, 2018 54.24%
March 31, 2018 53.94%

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

49.42%
Minimum
Dec 2019
51.32%
Maximum
Sep 2024
50.37%
Average
50.37%
Median