Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 74.03%
March 31, 2024 74.24%
December 31, 2023 64.03%
September 30, 2023 78.57%
June 30, 2023 81.83%
March 31, 2023 84.24%
Date Value
December 31, 2022 83.90%
September 30, 2022 84.39%
June 30, 2022 85.56%
March 31, 2022 81.20%
December 31, 2021 39.36%

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

39.36%
Minimum
Dec 2021
85.56%
Maximum
Jun 2022
75.58%
Average
81.20%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics