Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 56.09%
March 31, 2024 47.69%
December 31, 2023 69.84%
September 30, 2023 81.50%
June 30, 2023 55.33%
March 31, 2023 48.11%
December 31, 2022 52.95%
September 30, 2022 56.31%
June 30, 2022 59.58%
March 31, 2022 65.71%
December 31, 2021 47.88%
September 30, 2021 47.04%
June 30, 2021 58.06%
March 31, 2021 66.27%
December 31, 2020 68.86%
September 30, 2020 64.34%
June 30, 2020 66.97%
Date Value
March 31, 2020 70.51%
December 31, 2019 68.01%
September 30, 2019 72.35%
June 30, 2019 74.21%
March 31, 2019 70.91%
December 31, 2018 82.44%
September 30, 2018 72.82%
June 30, 2018 75.52%
March 31, 2018 75.06%
December 31, 2017 4.80%
September 30, 2017 12.68%
June 30, 2017 14.67%
March 31, 2017 13.90%
December 31, 2016 12.93%
September 30, 2016 95.79%
June 30, 2016 85.47%

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

47.04%
Minimum
Sep 2021
81.50%
Maximum
Sep 2023
60.58%
Average
59.58%
Median
Jun 2022

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