Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 39.90%
March 31, 2024 34.79%
December 31, 2023 33.97%
September 30, 2023 38.38%
June 30, 2023 36.30%
March 31, 2023 1.35%
December 31, 2022 31.30%
September 30, 2022 38.08%
June 30, 2022 47.81%
March 31, 2022 44.97%
December 31, 2021 38.43%
September 30, 2021 40.35%
June 30, 2021 44.41%
March 31, 2021 29.74%
Date Value
December 31, 2020 15.36%
September 30, 2020 15.74%
June 30, 2020 -7.33%
March 31, 2020 29.69%
December 31, 2019 42.31%
September 30, 2019 44.76%
June 30, 2019 47.69%
March 31, 2019 36.33%
December 31, 2018 46.26%
September 30, 2018 50.90%
June 30, 2018 53.85%
March 31, 2018 48.97%
September 30, 2017 36.25%
June 30, 2017 36.13%

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

-7.33%
Minimum
Jun 2020
47.81%
Maximum
Jun 2022
31.34%
Average
36.30%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics