Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 24.18%
March 31, 2024 16.44%
December 31, 2023 13.87%
September 30, 2023 26.15%
June 30, 2023 24.49%
March 31, 2023 18.81%
December 31, 2022 25.47%
September 30, 2022 26.91%
June 30, 2022 29.35%
March 31, 2022 35.88%
December 31, 2021 29.94%
Date Value
September 30, 2021 31.96%
June 30, 2021 35.79%
March 31, 2021 33.15%
December 31, 2020 32.49%
September 30, 2020 37.30%
June 30, 2020 37.13%
March 31, 2020 21.48%
December 31, 2019 21.65%
September 30, 2019 29.88%
June 30, 2019 31.06%
March 31, 2019 24.05%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

13.87%
Minimum
Dec 2023
37.30%
Maximum
Sep 2020
27.50%
Average
26.91%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks

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