Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 16.52%
March 31, 2024 13.43%
December 31, 2023 8.78%
September 30, 2023 15.96%
June 30, 2023 15.44%
March 31, 2023 12.70%
December 31, 2022 6.58%
September 30, 2022 10.99%
June 30, 2022 9.44%
March 31, 2022 10.37%
December 31, 2021 12.27%
Date Value
September 30, 2021 14.91%
June 30, 2021 17.56%
March 31, 2021 16.15%
December 31, 2020 14.85%
September 30, 2020 23.05%
June 30, 2020 35.54%
March 31, 2020 10.04%
December 31, 2019 9.49%
September 30, 2019 9.49%
June 30, 2019 13.07%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

6.58%
Minimum
Dec 2022
35.54%
Maximum
Jun 2020
14.42%
Average
13.43%
Median
Mar 2024