Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 49.68%
June 30, 2024 48.05%
March 31, 2024 48.87%
December 31, 2023 46.19%
September 30, 2023 49.66%
June 30, 2023 47.57%
March 31, 2023 49.96%
December 31, 2022 48.16%
September 30, 2022 49.54%
June 30, 2022 48.56%
Date Value
March 31, 2022 49.64%
December 31, 2021 45.69%
September 30, 2021 49.40%
June 30, 2021 48.30%
March 31, 2021 49.15%
December 31, 2020 46.62%
September 30, 2020 49.42%
June 30, 2020 48.43%
March 31, 2020 48.98%

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

45.69%
Minimum
Dec 2021
49.96%
Maximum
Mar 2023
48.52%
Average
48.87%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks

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