Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 51.72%
June 30, 2024 51.65%
March 31, 2024 53.08%
December 31, 2023 52.95%
September 30, 2023 50.47%
June 30, 2023 54.74%
March 31, 2023 55.98%
December 31, 2022 53.60%
Date Value
September 30, 2022 59.78%
June 30, 2022 60.55%
March 31, 2022 57.92%
December 31, 2021 52.16%
September 30, 2021 54.62%
June 30, 2021 55.96%
March 31, 2021 53.85%
December 31, 2020 47.93%

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

47.93%
Minimum
Dec 2020
60.55%
Maximum
Jun 2022
54.18%
Average
53.73%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics