Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 86.44%
March 31, 2024 77.50%
December 31, 2023 72.46%
September 30, 2023 90.82%
June 30, 2023 82.46%
March 31, 2023 66.38%
Date Value
December 31, 2022 43.03%
September 30, 2022 42.86%
June 30, 2022 42.92%
March 31, 2022 42.95%
December 31, 2021 42.93%
September 30, 2021 43.20%

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

42.86%
Minimum
Sep 2022
90.82%
Maximum
Sep 2023
61.16%
Average
54.79%
Median

Gross Profit Margin (Quarterly) Related Metrics