Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 31.28%
September 30, 2023 30.46%
June 30, 2023 40.99%
March 31, 2023 40.15%
December 31, 2022 53.37%
September 30, 2022 42.19%
June 30, 2022 30.34%
March 31, 2022 29.74%
December 31, 2021 28.34%
September 30, 2021 25.97%
Date Value
June 30, 2021 32.36%
March 31, 2021 25.49%
December 31, 2020 19.20%
September 30, 2020 30.17%
June 30, 2020 55.38%
March 31, 2020 21.92%
December 31, 2019 28.40%
September 30, 2019 8.46%
June 30, 2019 -161.4%

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

-161.4%
Minimum
Jun 2019
55.38%
Maximum
Jun 2020
21.72%
Average
30.17%
Median
Sep 2020

Gross Profit Margin (Quarterly) Benchmarks

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