Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 56.75%
September 30, 2023 56.62%
June 30, 2023 56.67%
March 31, 2023 56.72%
December 31, 2022 60.77%
September 30, 2022 66.36%
June 30, 2022 61.16%
March 31, 2022 57.54%
Date Value
December 31, 2021 60.77%
September 30, 2021 61.89%
June 30, 2021 64.93%
March 31, 2021 59.68%
December 31, 2020 63.52%
September 30, 2020 62.23%
June 30, 2020 43.22%
March 31, 2020 46.56%

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

43.22%
Minimum
Jun 2020
66.36%
Maximum
Sep 2022
58.46%
Average
60.23%
Median

Gross Profit Margin (Quarterly) Benchmarks

Ainos Inc -559.7%
OpGen Inc 1.01%
Zomedica Corp 69.14%
LENSAR Inc 42.54%
Eargo Inc (DELISTED) 52.39%

Gross Profit Margin (Quarterly) Related Metrics