Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 98.80%
June 30, 2024 90.31%
March 31, 2024 99.07%
December 31, 2023 87.12%
September 30, 2023 97.67%
Date Value
June 30, 2023 93.92%
March 31, 2023 95.81%
June 30, 2022 94.50%
March 31, 2022 95.51%

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

87.12%
Minimum
Dec 2023
99.07%
Maximum
Mar 2024
94.75%
Average
95.51%
Median
Mar 2022

Gross Profit Margin (Quarterly) Related Metrics