Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 23.40%
June 30, 2024 17.87%
March 31, 2024 1.81%
December 31, 2023 -29.26%
September 30, 2023 36.21%
June 30, 2023 -17.55%
March 31, 2023 7.10%
December 31, 2022 -293.4%
Date Value
September 30, 2022 15.05%
June 30, 2022 21.12%
March 31, 2022 31.52%
December 31, 2021 23.76%
September 30, 2021 23.86%
June 30, 2021 25.71%
March 31, 2021 7.97%
December 31, 2020 -68.69%

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

-293.4%
Minimum
Dec 2022
36.21%
Maximum
Sep 2023
-10.85%
Average
16.46%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics