Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 83.96%
March 31, 2024 91.97%
December 31, 2023 89.69%
June 30, 2023 80.25%
March 31, 2023 78.19%
December 31, 2022 70.45%
June 30, 2022 72.32%
Date Value
March 31, 2022 90.42%
December 31, 2021 93.50%
September 30, 2021 88.72%
June 30, 2021 54.69%
March 31, 2021 90.90%
December 31, 2020 77.18%
September 30, 2020 63.58%

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

54.69%
Minimum
Jun 2021
93.50%
Maximum
Dec 2021
80.42%
Average
82.10%
Median

Gross Profit Margin (Quarterly) Related Metrics