Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 20.92%
March 31, 2024 10.45%
December 31, 2023 35.64%
September 30, 2023 27.51%
June 30, 2023 31.79%
March 31, 2023 29.39%
December 31, 2022 38.35%
September 30, 2022 38.52%
June 30, 2022 35.04%
March 31, 2022 27.96%
December 31, 2021 51.77%
June 30, 2021 34.24%
March 31, 2021 8.75%
December 31, 2020 34.48%
September 30, 2020 58.13%
June 30, 2020 72.84%
Date Value
March 31, 2020 74.31%
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017 78.82%
December 31, 2016
September 30, 2016 98.03%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

8.75%
Minimum
Mar 2021
74.31%
Maximum
Mar 2020
37.06%
Average
34.48%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics