Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 20.65%
June 30, 2024 22.88%
March 31, 2024 24.65%
December 31, 2023 16.18%
September 30, 2023 31.52%
June 30, 2023 22.29%
March 31, 2023 20.16%
December 31, 2022 19.77%
September 30, 2022 20.29%
June 30, 2022 26.94%
March 31, 2022 27.10%
December 31, 2021 10.30%
Date Value
September 30, 2021 21.52%
June 30, 2021 22.31%
March 31, 2021 23.03%
December 31, 2020 7.43%
September 30, 2020 3.31%
June 30, 2020 9.43%
March 31, 2020 -23.71%
December 31, 2019 13.70%
September 30, 2019 20.94%
June 30, 2019 22.41%
March 31, 2019 22.60%
December 31, 2018 8.46%

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

-23.71%
Minimum
Mar 2020
31.52%
Maximum
Sep 2023
16.99%
Average
20.47%
Median

Gross Profit Margin (Quarterly) Benchmarks