Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 46.08%
June 30, 2024 53.49%
March 31, 2024 54.72%
December 31, 2023 41.96%
September 30, 2023 46.84%
June 30, 2023 49.31%
March 31, 2023 42.30%
December 31, 2022 29.78%
September 30, 2022 46.23%
June 30, 2022 46.49%
Date Value
March 31, 2022 40.45%
December 31, 2021 27.03%
September 30, 2021 39.24%
June 30, 2021 38.95%
March 31, 2021 37.14%
December 31, 2020 33.63%
September 30, 2020 42.85%
June 30, 2020 31.15%
March 31, 2020 31.15%
December 31, 2019 23.11%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

23.11%
Minimum
Dec 2019
54.72%
Maximum
Mar 2024
40.10%
Average
41.21%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics