Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2023 36.69%
June 30, 2023 20.96%
March 31, 2023 41.77%
December 31, 2022 46.11%
September 30, 2022 39.75%
June 30, 2022 40.11%
March 31, 2022 32.13%
Date Value
December 31, 2021 41.07%
September 30, 2021 43.95%
June 30, 2021 45.73%
March 31, 2021 45.59%
December 31, 2020 45.76%
September 30, 2020 48.13%

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

20.96%
Minimum
Jun 2023
48.13%
Maximum
Sep 2020
40.60%
Average
41.77%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics