Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 37.55%
June 30, 2024 36.47%
March 31, 2024 39.44%
December 31, 2023 38.86%
September 30, 2023 34.90%
June 30, 2023 36.77%
Date Value
March 31, 2023 38.64%
December 31, 2022 38.75%
September 30, 2022 37.57%
June 30, 2022 35.93%
March 31, 2022 38.12%

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

34.90%
Minimum
Sep 2023
39.44%
Maximum
Mar 2024
37.54%
Average
37.57%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks