Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 48.18%
March 31, 2024 48.96%
December 31, 2023 49.90%
September 30, 2023 55.86%
June 30, 2023 47.00%
March 31, 2023 51.74%
December 31, 2022 53.28%
September 30, 2022 54.20%
June 30, 2022 42.85%
March 31, 2022 53.46%
December 31, 2021 42.46%
September 30, 2021 52.63%
Date Value
June 30, 2021 51.04%
March 31, 2021 52.37%
December 31, 2020 47.48%
September 30, 2020 45.93%
June 30, 2020 45.17%
March 31, 2020 43.54%
December 31, 2019 29.83%
September 30, 2019 25.80%
June 30, 2019 32.86%
March 31, 2019 23.43%
December 31, 2018 29.68%
September 30, 2018 23.27%

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

29.83%
Minimum
Dec 2019
55.86%
Maximum
Sep 2023
48.20%
Average
48.96%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks

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