Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 39.63%
June 30, 2024 43.88%
March 31, 2024 43.38%
December 31, 2023 43.37%
September 30, 2023 42.52%
June 30, 2023 42.98%
March 31, 2023 39.66%
December 31, 2022 38.43%
September 30, 2022 36.84%
Date Value
June 30, 2022 33.90%
March 31, 2022 33.36%
December 31, 2021 32.54%
September 30, 2021 33.14%
June 30, 2021 33.98%
March 31, 2021 34.87%
December 31, 2020 39.17%
September 30, 2020 37.60%
June 30, 2020 36.64%

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

32.54%
Minimum
Dec 2021
43.88%
Maximum
Jun 2024
38.11%
Average
38.02%
Median

Gross Profit Margin (Quarterly) Benchmarks