Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 72.38%
March 31, 2024 45.64%
December 31, 2023 55.18%
September 30, 2023 34.67%
June 30, 2023 46.21%
March 31, 2023 36.50%
December 31, 2022 52.20%
September 30, 2022 43.34%
June 30, 2022 46.57%
March 31, 2022 36.07%
December 31, 2021 37.77%
Date Value
September 30, 2021 54.57%
June 30, 2021 50.40%
March 31, 2021 51.75%
December 31, 2020 48.65%
September 30, 2020 37.89%
June 30, 2020 12.55%
March 31, 2020 52.65%
December 31, 2019 25.70%
September 30, 2019 58.48%
June 30, 2019 26.72%

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

12.55%
Minimum
Jun 2020
72.38%
Maximum
Jun 2024
44.25%
Average
46.21%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

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