Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 77.58%
December 31, 2023 58.38%
September 30, 2023 63.93%
June 30, 2023 61.93%
March 31, 2023 47.53%
December 31, 2022 52.77%
September 30, 2022 71.63%
June 30, 2022 73.59%
Date Value
March 31, 2022 73.82%
December 31, 2021 76.86%
September 30, 2021 74.66%
June 30, 2021 99.89%
March 31, 2021 99.93%
December 31, 2020 99.94%
September 30, 2020 99.53%
June 30, 2020 99.36%

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

47.53%
Minimum
Mar 2023
99.94%
Maximum
Dec 2020
76.96%
Average
74.24%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics