Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 31.92%
March 31, 2024 44.23%
December 31, 2023 44.74%
September 30, 2023 27.93%
June 30, 2023 29.42%
March 31, 2023 -286.3%
December 31, 2022 28.22%
September 30, 2022 9.02%
Date Value
June 30, 2022 22.00%
March 31, 2022 22.00%
December 31, 2021 51.03%
September 30, 2021 32.34%
June 30, 2021 -3.11%
March 31, 2021 12.47%
December 31, 2020 -24.36%

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

-286.3%
Minimum
Mar 2023
51.03%
Maximum
Dec 2021
2.77%
Average
27.93%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics