Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 52.36%
June 30, 2024 52.52%
March 31, 2024 50.58%
December 31, 2023 50.39%
September 30, 2023 51.61%
June 30, 2023 50.41%
March 31, 2023 50.89%
December 31, 2022 52.19%
September 30, 2022 52.30%
June 30, 2022 50.23%
Date Value
March 31, 2022 51.55%
December 31, 2021 50.65%
September 30, 2021 50.91%
June 30, 2021 50.20%
March 31, 2021 49.20%
December 31, 2020 50.06%
September 30, 2020 38.96%
June 30, 2020 47.59%
March 31, 2020 45.72%

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

38.96%
Minimum
Sep 2020
52.52%
Maximum
Jun 2024
49.91%
Average
50.58%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks

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