Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 24.67%
June 30, 2024 24.53%
March 31, 2024 17.57%
December 31, 2023 21.68%
September 30, 2023 24.66%
June 30, 2023 25.94%
March 31, 2023 24.50%
December 31, 2022 25.39%
September 30, 2022 23.83%
June 30, 2022 18.17%
March 31, 2022 11.36%
October 31, 2021 13.17%
July 31, 2021 11.35%
April 30, 2021 2.31%
January 31, 2021 -54.90%
Date Value
October 31, 2020 7.48%
July 31, 2020 -4.70%
April 30, 2020 7.11%
January 31, 2020 -3.64%
October 31, 2019 11.30%
July 31, 2019 21.53%
April 30, 2019 18.45%
January 31, 2019 21.82%
October 31, 2018 26.79%
July 31, 2018 27.31%
April 30, 2018 25.66%
January 31, 2018 18.66%
October 31, 2017 18.39%
July 31, 2017 13.33%
April 30, 2017 11.97%

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

-54.90%
Minimum
Jan 2021
25.94%
Maximum
Jun 2023
11.60%
Average
17.57%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics