Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2023 40.98%
March 31, 2023 31.61%
December 31, 2022 16.60%
September 30, 2022 29.12%
Date Value
June 30, 2022 37.55%
March 31, 2022 30.60%
December 31, 2021 32.76%

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

16.60%
Minimum
Dec 2022
40.98%
Maximum
Jun 2023
31.32%
Average
31.61%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks