Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 52.23%
June 30, 2024 58.19%
March 31, 2024 57.26%
December 31, 2023 50.14%
September 30, 2023 54.40%
June 30, 2023 58.94%
March 31, 2023 60.70%
December 31, 2022 54.52%
September 30, 2022 54.00%
June 30, 2022 58.81%
March 31, 2022 58.48%
December 31, 2021 54.14%
September 30, 2021 55.61%
June 30, 2021 56.92%
March 31, 2021 54.19%
Date Value
December 31, 2020 47.58%
September 30, 2020 50.34%
June 30, 2020 49.49%
March 31, 2020 49.39%
December 31, 2019 47.93%
September 30, 2019 53.27%
June 30, 2019 54.45%
March 31, 2019 52.98%
December 31, 2018 48.39%
September 30, 2018 51.41%
June 30, 2018 43.98%
March 31, 2018 51.10%
December 31, 2017 46.31%
September 30, 2017 46.03%

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

47.58%
Minimum
Dec 2020
60.70%
Maximum
Mar 2023
54.16%
Average
54.29%
Median