Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 48.40%
June 30, 2024 48.37%
March 31, 2024 35.74%
December 31, 2023 35.82%
September 30, 2023 41.82%
June 30, 2023 46.95%
March 31, 2023 38.65%
December 31, 2022 31.34%
September 30, 2022 45.67%
June 30, 2022 44.14%
March 31, 2022 55.07%
December 31, 2021 55.22%
September 30, 2021 60.80%
June 30, 2021 64.63%
Date Value
March 31, 2021 54.84%
December 31, 2020 53.34%
September 30, 2020 67.08%
June 30, 2020 60.53%
March 31, 2020 52.97%
December 31, 2019 59.31%
September 30, 2019 66.88%
June 30, 2019 67.35%
March 31, 2019 61.43%
December 31, 2018 61.22%
September 30, 2018 67.26%
June 30, 2018 69.89%
March 31, 2018 58.26%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

31.34%
Minimum
Dec 2022
67.08%
Maximum
Sep 2020
50.04%
Average
50.69%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics