Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 18.70%
December 31, 2023 19.02%
September 30, 2023 16.49%
June 30, 2023 16.24%
March 31, 2023 16.45%
December 31, 2022 16.24%
September 30, 2022 14.24%
June 30, 2022 15.01%
March 31, 2022 15.23%
December 31, 2021 15.72%
Date Value
September 30, 2021 16.15%
June 30, 2021 15.92%
March 31, 2021 15.21%
December 31, 2020 13.91%
September 30, 2020 13.67%
June 30, 2020 15.71%
March 31, 2020 15.72%
December 31, 2019 16.15%
September 30, 2019 16.02%

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

13.67%
Minimum
Sep 2020
19.02%
Maximum
Dec 2023
15.88%
Average
15.92%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

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