Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 23.67%
March 31, 2024 28.96%
December 31, 2023 28.20%
September 30, 2023 27.14%
June 30, 2023 26.00%
March 31, 2023 28.66%
December 31, 2022 28.85%
September 30, 2022 23.64%
June 30, 2022 21.16%
March 31, 2022 18.05%
December 31, 2021 11.92%
September 30, 2021 7.40%
June 30, 2021 9.72%
March 31, 2021 10.78%
December 31, 2020 9.03%
Date Value
September 30, 2020 11.47%
June 30, 2020 7.80%
March 31, 2020 -3.31%
December 31, 2019 -5.57%
September 30, 2019 -10.53%
June 30, 2019 1.82%
March 31, 2019 -4.11%
December 31, 2018 -21.28%
September 30, 2018 -10.71%
June 30, 2018 1.03%
March 31, 2018 0.60%
December 31, 2017 5.86%
September 30, 2017 1.07%
June 30, 2017 -1.59%
March 31, 2017 -8.36%

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

-5.57%
Minimum
Dec 2019
28.96%
Maximum
Mar 2024
16.50%
Average
18.05%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks