Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2023 36.74%
June 30, 2023 35.17%
March 31, 2023 39.10%
December 31, 2022 33.48%
September 30, 2022 32.74%
June 30, 2022 30.01%
March 31, 2022 28.60%
December 31, 2021 24.06%
September 30, 2021 23.36%
Date Value
June 30, 2021 21.64%
March 31, 2021 19.76%
December 31, 2020 19.06%
September 30, 2020 24.86%
June 30, 2020 45.83%
March 31, 2020 44.57%
December 31, 2019 29.21%
September 30, 2019 65.14%

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

19.06%
Minimum
Dec 2020
45.83%
Maximum
Jun 2020
30.51%
Average
29.61%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics