Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 20.88%
March 31, 2024 21.27%
December 31, 2023 21.43%
September 30, 2023 19.84%
June 30, 2023 21.67%
March 31, 2023 23.17%
December 31, 2022 21.75%
September 30, 2022 21.96%
June 30, 2022 26.89%
Date Value
March 31, 2022 27.42%
December 31, 2021 27.75%
September 30, 2021 29.25%
June 30, 2021 25.42%
March 31, 2021 26.12%
December 31, 2020 25.26%
September 30, 2020 25.42%
June 30, 2020 26.22%
March 31, 2020 24.77%

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

19.84%
Minimum
Sep 2023
29.25%
Maximum
Sep 2021
24.25%
Average
25.01%
Median

Gross Profit Margin (Quarterly) Benchmarks