Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 18.64%
March 31, 2024 17.13%
December 31, 2023 15.74%
June 30, 2023 15.19%
March 31, 2023 14.55%
December 31, 2022 17.89%
June 30, 2022 18.84%
March 31, 2022 16.22%
Date Value
December 31, 2021 11.91%
September 30, 2021 4.43%
June 30, 2021 11.72%
March 31, 2021 10.83%
December 31, 2020 4.67%
September 30, 2020 14.00%
June 30, 2020 14.57%
March 31, 2020 15.23%

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

4.43%
Minimum
Sep 2021
18.84%
Maximum
Jun 2022
13.85%
Average
14.88%
Median

Gross Profit Margin (Quarterly) Benchmarks