Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 49.34%
September 30, 2023 48.40%
June 30, 2023 50.62%
March 31, 2023 47.35%
December 31, 2022 48.19%
September 30, 2022 48.52%
June 30, 2022 42.70%
Date Value
March 31, 2022 47.18%
December 31, 2021 47.94%
September 30, 2021 47.16%
June 30, 2021 46.92%
March 31, 2021 45.81%
December 31, 2020 48.39%
September 30, 2020 68.85%

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

42.70%
Minimum
Jun 2022
68.85%
Maximum
Sep 2020
49.10%
Average
48.06%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics