Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 12.88%
June 30, 2024 16.29%
March 31, 2024 15.13%
December 31, 2023 11.00%
September 30, 2023 12.76%
June 30, 2023 12.41%
March 31, 2023 12.06%
December 31, 2022 8.25%
September 30, 2022 95.30%
June 30, 2022 72.52%
Date Value
March 31, 2022 86.76%
September 30, 2020 74.77%
June 30, 2020 70.52%
March 31, 2020 44.18%
December 31, 2019 37.45%
September 30, 2019
June 30, 2019 38.11%
March 31, 2019 35.27%
December 31, 2018
November 30, 2018 33.96%

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

8.25%
Minimum
Dec 2022
95.30%
Maximum
Sep 2022
38.82%
Average
16.29%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

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