Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 59.14%
March 31, 2024 61.25%
December 31, 2023 59.68%
September 30, 2023 59.72%
June 30, 2023 60.74%
March 31, 2023 58.77%
December 31, 2022 62.86%
September 30, 2022 65.51%
June 30, 2022 66.35%
March 31, 2022 66.72%
December 31, 2021 69.08%
September 30, 2021 67.49%
June 30, 2021 67.51%
March 31, 2021 63.46%
Date Value
December 31, 2020 63.73%
September 30, 2020 71.59%
June 30, 2020 66.18%
March 31, 2020 69.63%
December 31, 2019 65.28%
September 30, 2019 69.57%
June 30, 2019 68.81%
March 31, 2019 63.07%
December 31, 2018 57.57%
September 30, 2018 53.66%
June 30, 2018 48.62%
March 31, 2018 44.57%
December 31, 2017 54.26%
September 30, 2017 22.20%

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

58.77%
Minimum
Mar 2023
71.59%
Maximum
Sep 2020
64.46%
Average
65.28%
Median
Dec 2019

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics