Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 29.92%
March 31, 2024 28.34%
December 31, 2023 26.15%
September 30, 2023 24.99%
June 30, 2023 23.14%
March 31, 2023 21.78%
December 31, 2022 20.34%
September 30, 2022 18.20%
June 30, 2022 15.04%
March 31, 2022 15.97%
December 31, 2021 18.99%
September 30, 2021 19.56%
June 30, 2021 22.00%
March 31, 2021 24.04%
December 31, 2020 24.59%
Date Value
September 30, 2020 23.61%
June 30, 2020 23.08%
March 31, 2020 22.91%
December 31, 2019 19.82%
September 30, 2019 18.90%
June 30, 2019 16.37%
March 31, 2019 13.78%
December 31, 2018 17.05%
September 30, 2018 18.04%
June 30, 2018 24.42%
March 31, 2018 24.55%
December 31, 2017 23.95%
September 30, 2017 24.01%
June 30, 2017 23.62%
March 31, 2017 14.41%

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

15.04%
Minimum
Jun 2022
29.92%
Maximum
Jun 2024
22.23%
Average
22.91%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics