Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 22.78%
June 30, 2024 20.19%
March 31, 2024 21.37%
December 31, 2023 19.42%
September 30, 2023 28.54%
June 30, 2023 18.45%
March 31, 2023 27.67%
Date Value
December 31, 2022 28.64%
September 30, 2022 48.24%
June 30, 2022 37.11%
March 31, 2022 53.98%
December 31, 2021 16.65%
September 30, 2021 29.57%
June 30, 2021 38.40%

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

16.65%
Minimum
Dec 2021
53.98%
Maximum
Mar 2022
29.36%
Average
28.11%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics