Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 40.77%
March 31, 2024 42.87%
December 31, 2023 50.28%
September 30, 2023 51.02%
June 30, 2023 39.50%
March 31, 2023 37.63%
December 31, 2022 46.31%
September 30, 2022 45.97%
June 30, 2022 44.08%
March 31, 2022 42.41%
Date Value
December 31, 2021 43.11%
September 30, 2021 42.74%
June 30, 2021 43.53%
March 31, 2021 44.38%
December 31, 2020 82.83%
September 30, 2020 77.47%
June 30, 2020 70.37%
March 31, 2020 81.51%
December 31, 2019 78.97%
September 30, 2019 83.15%

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

37.63%
Minimum
Mar 2023
82.83%
Maximum
Dec 2020
52.93%
Average
44.38%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics