Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 48.77%
June 30, 2024 47.61%
March 31, 2024 22.59%
December 31, 2023 54.00%
September 30, 2023 51.32%
June 30, 2023 49.34%
March 31, 2023 45.20%
Date Value
December 31, 2022 53.10%
September 30, 2022 48.22%
June 30, 2022 49.78%
March 31, 2022 44.67%
December 31, 2021 43.26%
September 30, 2021 46.93%

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

22.59%
Minimum
Mar 2024
54.00%
Maximum
Dec 2023
46.52%
Average
48.22%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics