Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 33.26%
March 31, 2024 32.20%
December 31, 2023 22.74%
September 30, 2023 29.50%
June 30, 2023 26.65%
March 31, 2023 27.92%
December 31, 2022 21.97%
September 30, 2022 25.05%
June 30, 2022 22.05%
March 31, 2022 15.12%
December 31, 2021 3.79%
September 30, 2021 24.79%
June 30, 2021 37.32%
March 31, 2021 32.92%
December 31, 2020 29.55%
Date Value
September 30, 2020 33.52%
June 30, 2020 48.98%
March 31, 2020 24.65%
December 31, 2019 39.37%
September 30, 2019 28.31%
June 30, 2019 28.51%
March 31, 2019 38.10%
December 31, 2018 25.55%
September 30, 2018 -8.47%
June 30, 2018 46.51%
March 31, 2018 52.42%
December 31, 2017 47.41%
September 30, 2017 38.38%
June 30, 2017 25.37%
March 31, 2017 29.96%

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

3.79%
Minimum
Dec 2021
48.98%
Maximum
Jun 2020
27.97%
Average
27.92%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics