Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 20.95%
March 31, 2024 19.09%
December 31, 2023 31.23%
September 30, 2023 22.64%
June 30, 2023 27.84%
March 31, 2023 33.55%
December 31, 2022 29.43%
September 30, 2022 41.84%
June 30, 2022 44.72%
March 31, 2022 47.54%
December 31, 2021 40.98%
September 30, 2021 28.24%
June 30, 2021 24.05%
March 31, 2021 28.21%
December 31, 2020 4.69%
September 30, 2020 9.55%
Date Value
June 30, 2020 17.16%
March 31, 2020 26.23%
December 31, 2019 27.08%
September 30, 2019 26.71%
June 30, 2019 34.28%
March 31, 2019 28.64%
December 31, 2018 20.89%
September 30, 2018 20.53%
June 30, 2018 26.68%
March 31, 2018 20.76%
December 31, 2017 11.01%
September 30, 2017 -14.72%
June 30, 2017 -6.33%
March 31, 2017 6.00%
December 31, 2016 -6.98%
September 30, 2016 73.77%

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

4.69%
Minimum
Dec 2020
47.54%
Maximum
Mar 2022
27.63%
Average
27.84%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks