Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 51.62%
June 30, 2024 49.14%
March 31, 2024 42.29%
December 31, 2023 38.75%
September 30, 2023 54.51%
Date Value
June 30, 2023 44.16%
March 31, 2023 29.16%
December 31, 2022 38.52%
September 30, 2022 55.86%

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

29.16%
Minimum
Mar 2023
55.86%
Maximum
Sep 2022
44.89%
Average
44.16%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks