Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 34.04%
December 31, 2023 34.43%
September 30, 2023 34.80%
June 30, 2023 36.00%
March 31, 2023 33.74%
December 31, 2022 36.91%
Date Value
September 30, 2022 26.58%
June 30, 2022 25.28%
March 31, 2022 26.89%
December 31, 2021 28.33%
September 30, 2021 30.34%
June 30, 2021 22.97%

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

22.97%
Minimum
Jun 2021
36.91%
Maximum
Dec 2022
30.86%
Average
32.04%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics