Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 31.05%
March 31, 2024 22.18%
December 31, 2023 27.61%
September 30, 2023 29.72%
June 30, 2023 38.43%
March 31, 2023 25.41%
December 31, 2022 26.09%
September 30, 2022 17.91%
June 30, 2022 25.06%
March 31, 2022 31.27%
Date Value
December 31, 2021 26.40%
September 30, 2021 33.74%
June 30, 2021 30.85%
March 31, 2021 36.52%
December 31, 2020 43.41%
September 30, 2020 53.47%
June 30, 2020 36.41%
March 31, 2020 38.05%
December 31, 2019 23.10%

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

17.91%
Minimum
Sep 2022
53.47%
Maximum
Sep 2020
31.40%
Average
30.85%
Median
Jun 2021