Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 73.59%
December 31, 2023 69.96%
September 30, 2023 70.21%
June 30, 2023 73.27%
March 31, 2023 72.80%
December 31, 2022 70.44%
September 30, 2022 68.99%
June 30, 2022 69.59%
March 31, 2022 63.60%
December 31, 2021 49.79%
September 30, 2021 56.26%
Date Value
June 30, 2021 56.75%
March 31, 2021 57.50%
December 31, 2020 55.90%
September 30, 2020 54.61%
June 30, 2020 51.63%
March 31, 2020 56.12%
December 31, 2019 57.21%
September 30, 2019 59.93%
June 30, 2019 57.54%
March 31, 2019 59.33%

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

49.79%
Minimum
Dec 2021
73.59%
Maximum
Mar 2024
62.28%
Average
58.74%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics