Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 45.46%
September 30, 2023 23.31%
June 30, 2023 37.39%
March 31, 2023 56.97%
December 31, 2022 -169.6%
September 30, 2022 56.65%
June 30, 2022 55.01%
March 31, 2022 53.94%
December 31, 2021 19.73%
September 30, 2021 27.92%
June 30, 2021 51.28%
March 31, 2021 57.38%
Date Value
December 31, 2020 13.55%
September 30, 2020 23.87%
June 30, 2020 40.00%
March 31, 2020 49.69%
December 31, 2019 62.43%
September 30, 2019 13.23%
June 30, 2019 91.14%
March 31, 2019 79.36%
December 31, 2018 88.19%
September 30, 2018 50.18%
June 30, 2018 45.57%

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

-169.6%
Minimum
Dec 2022
62.43%
Maximum
Dec 2019
29.71%
Average
45.46%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

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