Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2023 71.70%
March 31, 2023 66.71%
December 31, 2022
September 30, 2022 67.88%
June 30, 2022 60.89%
March 31, 2022 71.35%
December 31, 2021 56.14%
Date Value
September 30, 2021 73.37%
June 30, 2021 80.62%
March 31, 2021 75.84%
December 31, 2020 52.08%
September 30, 2020 67.02%
June 30, 2020 75.70%
March 31, 2020 61.70%

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

52.08%
Minimum
Dec 2020
80.62%
Maximum
Jun 2021
67.77%
Average
67.88%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks

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