Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 30.00%
March 31, 2024 30.56%
December 31, 2023 30.55%
September 30, 2023 30.40%
June 30, 2023 30.99%
March 31, 2023 30.72%
December 31, 2022 32.88%
September 30, 2022 30.05%
June 30, 2022 31.61%
Date Value
March 31, 2022 28.74%
December 31, 2021 27.70%
September 30, 2021 18.23%
June 30, 2021 14.61%
March 31, 2021 18.92%
December 31, 2020 15.05%
September 30, 2020 17.51%
June 30, 2020 20.79%
March 31, 2020 26.66%

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

14.61%
Minimum
Jun 2021
32.88%
Maximum
Dec 2022
25.89%
Average
29.37%
Median

Gross Profit Margin (Quarterly) Benchmarks