Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 62.83%
June 30, 2024 63.77%
March 31, 2024 62.42%
December 31, 2023 63.36%
September 30, 2023 73.50%
June 30, 2023 72.30%
March 31, 2023 70.42%
December 31, 2022 68.29%
September 30, 2022 73.35%
June 30, 2022 72.65%
March 31, 2022 70.93%
Date Value
December 31, 2021 74.88%
September 30, 2021 67.15%
June 30, 2021 65.87%
March 31, 2021 63.91%
December 31, 2020 6.40%
September 30, 2020 82.81%
June 30, 2020 83.23%
March 31, 2020 83.85%
December 31, 2019 7.64%
September 30, 2019 84.98%
June 30, 2019 85.64%

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

6.40%
Minimum
Dec 2020
83.85%
Maximum
Mar 2020
64.48%
Average
69.36%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics