Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 68.40%
March 31, 2024 33.91%
December 31, 2023 41.40%
September 30, 2023 26.70%
June 30, 2023 16.18%
March 31, 2023 19.24%
Date Value
December 31, 2022 21.67%
September 30, 2022 25.98%
June 30, 2022 24.61%
March 31, 2022 25.81%
December 31, 2021 26.56%

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

16.18%
Minimum
Jun 2023
68.40%
Maximum
Jun 2024
30.04%
Average
25.98%
Median
Sep 2022

Gross Profit Margin (Quarterly) Related Metrics