Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 46.88%
March 31, 2024 47.47%
December 31, 2023 45.24%
September 30, 2023 45.04%
June 30, 2023 44.04%
March 31, 2023 48.23%
December 31, 2022 35.17%
September 30, 2022 51.47%
June 30, 2022 54.74%
March 31, 2022 54.49%
December 31, 2021 20.57%
September 30, 2021 57.63%
June 30, 2021 49.03%
March 31, 2021 48.96%
Date Value
December 31, 2020 54.49%
September 30, 2020 63.47%
June 30, 2020 69.14%
March 31, 2020 70.51%
December 31, 2019 60.03%
September 30, 2019 78.54%
June 30, 2019 56.53%
March 31, 2019 57.74%
December 31, 2018 58.19%
September 30, 2018 65.68%
June 30, 2018 60.97%
March 31, 2018 52.05%
December 31, 2017
September 30, 2017 84.89%

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

20.57%
Minimum
Dec 2021
70.51%
Maximum
Mar 2020
50.87%
Average
49.03%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics