Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 66.43%
March 31, 2024 71.87%
December 31, 2023 68.83%
September 30, 2023 70.62%
June 30, 2023 65.06%
March 31, 2023 70.29%
December 31, 2022 68.80%
September 30, 2022 67.17%
June 30, 2022 70.22%
March 31, 2022 68.56%
December 31, 2021 71.21%
September 30, 2021 74.41%
June 30, 2021 75.74%
March 31, 2021 75.86%
December 31, 2020 56.71%
Date Value
September 30, 2020 47.02%
June 30, 2020 41.03%
March 31, 2020 32.75%
December 31, 2019 33.04%
September 30, 2019 28.16%
June 30, 2019 26.20%
March 31, 2019 27.45%
December 31, 2018 27.58%
September 30, 2018 27.01%
June 30, 2018 28.48%
March 31, 2018 27.37%
December 31, 2017 29.26%
September 30, 2017 25.31%
June 30, 2017 18.51%
March 31, 2017 19.73%

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

32.75%
Minimum
Mar 2020
75.86%
Maximum
Mar 2021
62.93%
Average
68.80%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics