Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 4.09%
March 31, 2024 8.65%
December 31, 2023 18.28%
June 30, 2023 14.00%
Date Value
March 31, 2023 20.83%
December 31, 2022 24.83%
June 30, 2022 13.31%
March 31, 2022 3.65%

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

3.65%
Minimum
Mar 2022
24.83%
Maximum
Dec 2022
13.46%
Average
13.65%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics