Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 58.81%
March 31, 2024 54.79%
December 31, 2023 47.69%
September 30, 2023 62.88%
June 30, 2023 72.15%
March 31, 2023 75.56%
December 31, 2022 81.50%
September 30, 2022 83.40%
June 30, 2022 84.19%
March 31, 2022 81.73%
December 31, 2021 76.67%
September 30, 2021 83.07%
June 30, 2021 82.08%
March 31, 2021 81.32%
Date Value
December 31, 2020 80.94%
September 30, 2020 85.18%
June 30, 2020 79.21%
March 31, 2020 79.61%
December 31, 2019 79.38%
September 30, 2019 80.20%
June 30, 2019 79.91%
March 31, 2019 83.81%
December 31, 2018 83.44%
September 30, 2018 80.73%
June 30, 2018 85.11%
March 31, 2018 91.37%
December 31, 2017 88.56%

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

47.69%
Minimum
Dec 2023
85.18%
Maximum
Sep 2020
75.27%
Average
79.61%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics