Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2023 48.89%
March 31, 2023 48.99%
December 31, 2022 49.10%
September 30, 2022 48.31%
June 30, 2022 45.16%
March 31, 2022 42.94%
December 31, 2021 42.56%
September 30, 2021 42.21%
June 30, 2021 42.81%
March 31, 2021 45.53%
December 31, 2020 46.19%
September 30, 2020 46.86%
June 30, 2020 45.93%
Date Value
March 31, 2020 46.00%
December 31, 2019 45.00%
September 30, 2019 44.97%
June 30, 2019 42.57%
March 31, 2019 43.56%
December 31, 2018 43.45%
September 30, 2018 43.49%
June 30, 2018 42.58%
March 31, 2018 44.85%
December 31, 2017 46.30%
September 30, 2017 44.57%
June 30, 2017 43.14%
March 31, 2017 44.21%

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

42.21%
Minimum
Sep 2021
49.10%
Maximum
Dec 2022
45.53%
Average
45.53%
Median
Mar 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics