Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 62.89%
June 30, 2024 56.98%
March 31, 2024 49.94%
December 31, 2023 40.93%
September 30, 2023 47.17%
June 30, 2023 51.16%
March 31, 2023 51.69%
December 31, 2022 43.66%
September 30, 2022 39.89%
June 30, 2022 46.41%
Date Value
March 31, 2022 51.37%
December 31, 2021 49.16%
September 30, 2021 46.88%
June 30, 2021 51.17%
March 31, 2021 45.74%
December 31, 2020 50.12%
September 30, 2020 52.77%
June 30, 2020 2.41%
March 31, 2020 28.04%

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

2.41%
Minimum
Jun 2020
62.89%
Maximum
Sep 2024
45.71%
Average
49.16%
Median
Dec 2021

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