Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 17.82%
June 30, 2024 17.36%
March 31, 2024 18.20%
December 31, 2023 18.29%
September 30, 2023 18.04%
June 30, 2023 18.07%
March 31, 2023 17.37%
December 31, 2022 17.02%
September 30, 2022 18.46%
June 30, 2022 18.18%
Date Value
March 31, 2022 17.94%
December 31, 2021 16.43%
September 30, 2021 17.95%
June 30, 2021 18.50%
March 31, 2021 15.41%
December 31, 2020 17.93%
September 30, 2020 17.59%
June 30, 2020 18.05%
March 31, 2020 17.92%

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

15.41%
Minimum
Mar 2021
18.50%
Maximum
Jun 2021
17.71%
Average
17.94%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics