Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2023 82.54%
June 30, 2023 74.36%
March 31, 2023 60.03%
December 31, 2022 62.98%
September 30, 2022 64.50%
June 30, 2022 63.52%
Date Value
March 31, 2022 57.28%
December 31, 2021 54.09%
September 30, 2021 31.85%
June 30, 2021 58.89%
March 31, 2021 71.73%

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

31.85%
Minimum
Sep 2021
82.54%
Maximum
Sep 2023
61.98%
Average
62.98%
Median
Dec 2022

Gross Profit Margin (Quarterly) Related Metrics