Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 19.36%
June 30, 2024 19.80%
March 31, 2024 20.17%
December 31, 2023 17.91%
September 30, 2023 6.11%
June 30, 2023 22.95%
March 31, 2023 18.30%
December 31, 2022 -0.77%
September 30, 2022 7.91%
June 30, 2022 7.53%
Date Value
March 31, 2022 14.91%
December 31, 2021 16.92%
September 30, 2021 24.22%
June 30, 2021 22.12%
March 31, 2021 20.85%
December 31, 2020 18.31%
September 30, 2020 18.81%
June 30, 2020 19.60%
March 31, 2020 17.29%
December 31, 2019 10.25%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

-0.77%
Minimum
Dec 2022
24.22%
Maximum
Sep 2021
16.13%
Average
18.31%
Median

Gross Profit Margin (Quarterly) Benchmarks

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