Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 25.89%
September 30, 2023 -1.30%
June 30, 2023 18.72%
March 31, 2023 19.72%
December 31, 2022 15.43%
September 30, 2022 17.43%
June 30, 2022 -0.81%
March 31, 2022 13.90%
December 31, 2021 20.06%
September 30, 2021 17.80%
June 30, 2021 16.35%
March 31, 2021 28.17%
December 31, 2020 25.51%
September 30, 2020 27.95%
Date Value
June 30, 2020 13.97%
March 31, 2020 12.72%
December 31, 2019 11.68%
September 30, 2019 19.05%
June 30, 2019 14.15%
March 31, 2019 1.06%
December 31, 2018 5.69%
September 30, 2018 12.30%
June 30, 2018 19.40%
March 31, 2018 25.78%
December 31, 2017 12.21%
September 30, 2017 -16.09%
June 30, 2017 -6.69%
March 31, 2017 -12.74%

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

-1.30%
Minimum
Sep 2023
28.17%
Maximum
Mar 2021
15.87%
Average
16.89%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics