Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 37.70%
June 30, 2024 38.23%
March 31, 2024 36.97%
December 31, 2023 36.95%
September 30, 2023 36.67%
June 30, 2023 36.63%
March 31, 2023 36.17%
December 31, 2022 33.79%
Date Value
September 30, 2022 33.75%
June 30, 2022 34.40%
March 31, 2022 34.62%
December 31, 2021 34.09%
September 30, 2021 34.16%
June 30, 2021 34.68%
March 31, 2021 35.17%

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

33.75%
Minimum
Sep 2022
38.23%
Maximum
Jun 2024
35.60%
Average
35.17%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics