Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2022 35.64%
March 31, 2022 30.86%
December 31, 2021 23.87%
September 30, 2021 29.79%
June 30, 2021 27.25%
March 31, 2021 27.21%
December 31, 2020 27.10%
Date Value
September 30, 2020 30.67%
June 30, 2020 30.53%
March 31, 2020 26.78%
December 31, 2019 23.49%
September 30, 2019 23.73%
June 30, 2019 26.22%
March 31, 2019 28.56%

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

23.49%
Minimum
Dec 2019
35.64%
Maximum
Jun 2022
28.47%
Average
27.25%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks