Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 27.36%
March 31, 2024 27.69%
December 31, 2023 28.20%
September 30, 2023 28.19%
June 30, 2023 31.28%
March 31, 2023 33.28%
December 31, 2022 31.65%
September 30, 2022 32.79%
June 30, 2022 33.23%
Date Value
March 31, 2022 48.05%
December 31, 2021 39.31%
September 30, 2021 35.40%
June 30, 2021 35.20%
March 31, 2021 31.12%
December 31, 2020 28.54%
September 30, 2020 31.00%
June 30, 2020 30.93%

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

27.36%
Minimum
Jun 2024
48.05%
Maximum
Mar 2022
32.54%
Average
31.28%
Median
Jun 2023