Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 81.20%
March 31, 2024 79.80%
September 30, 2023 77.28%
June 30, 2023 71.72%
March 31, 2023 76.11%
December 31, 2022 73.72%
Date Value
September 30, 2022 67.60%
June 30, 2022 65.07%
March 31, 2022 70.46%
December 31, 2021 72.81%
September 30, 2021 72.65%
June 30, 2021 73.88%

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

65.07%
Minimum
Jun 2022
81.20%
Maximum
Jun 2024
73.52%
Average
73.27%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics