Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 10.84%
September 30, 2023 11.61%
December 31, 2022 12.42%
September 30, 2022 13.22%
Date Value
December 31, 2021 12.63%
September 30, 2021 14.74%
December 31, 2020 11.45%
September 30, 2020 12.48%

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

10.84%
Minimum
Dec 2023
14.74%
Maximum
Sep 2021
12.42%
Average
12.45%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics