Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 89.26%
June 30, 2024 86.57%
March 31, 2024 87.19%
December 31, 2023 91.63%
September 30, 2023 93.35%
June 30, 2023 93.64%
March 31, 2023 90.27%
December 31, 2022 85.11%
Date Value
September 30, 2022 82.54%
June 30, 2022 86.52%
March 31, 2022 74.15%
December 31, 2021 53.60%
September 30, 2021 46.32%
June 30, 2021 77.16%
March 31, 2021 88.94%

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

46.32%
Minimum
Sep 2021
93.64%
Maximum
Jun 2023
81.75%
Average
86.57%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

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