Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 17.95%
December 31, 2023 18.71%
September 30, 2023 25.48%
June 30, 2023 25.06%
March 31, 2023 25.39%
December 31, 2022 27.47%
September 30, 2022 27.66%
June 30, 2022 27.56%
Date Value
March 31, 2022 35.33%
December 31, 2021 55.32%
September 30, 2021 81.33%
June 30, 2021 90.69%
March 31, 2021 81.80%
December 31, 2020 92.00%
March 31, 2020 87.27%

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

17.95%
Minimum
Mar 2024
92.00%
Maximum
Dec 2020
47.94%
Average
27.66%
Median
Sep 2022

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