Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 53.67%
June 30, 2024 51.56%
March 31, 2024 43.77%
December 31, 2023 45.01%
September 30, 2023 45.66%
June 30, 2023 29.54%
March 31, 2023 27.34%
December 31, 2022 9.43%
September 30, 2022 42.44%
June 30, 2022 41.88%
Date Value
March 31, 2022 32.77%
December 31, 2021 36.79%
September 30, 2021 48.93%
June 30, 2021 62.71%
March 31, 2021 58.15%
December 31, 2020 58.89%
September 30, 2020 60.99%
June 30, 2020 61.23%
March 31, 2020 64.30%

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

9.43%
Minimum
Dec 2022
64.30%
Maximum
Mar 2020
46.06%
Average
45.66%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks

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