Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 16.51%
March 31, 2024 16.28%
December 31, 2023 18.28%
September 30, 2023 24.35%
June 30, 2023 24.98%
March 31, 2023 27.41%
December 31, 2022 21.72%
September 30, 2022 24.38%
June 30, 2022 21.95%
March 31, 2022 26.03%
December 31, 2021 33.77%
September 30, 2021 26.68%
June 30, 2021 22.49%
March 31, 2021 26.61%
December 31, 2020 29.08%
September 30, 2020 24.13%
June 30, 2020 24.36%
March 31, 2020 20.61%
December 31, 2019 -101.2%
September 30, 2019 40.15%
June 30, 2019 43.54%
Date Value
March 31, 2019 40.61%
December 31, 2018 41.54%
September 30, 2018 50.67%
June 30, 2018 52.18%
March 31, 2018 48.48%
December 31, 2017 42.36%
September 30, 2017 36.73%
June 30, 2017 36.50%
March 31, 2017 36.44%
December 31, 2016 31.96%
September 30, 2016 43.69%
June 30, 2016 42.00%
March 31, 2016 42.14%
December 31, 2015 46.27%
September 30, 2015 38.72%
June 30, 2015 24.27%
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014 26.18%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

-101.2%
Minimum
Dec 2019
33.77%
Maximum
Dec 2021
17.29%
Average
24.35%
Median
Sep 2023

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