Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 17.74%
March 31, 2024 3.65%
December 31, 2023 4.36%
September 30, 2023 4.84%
June 30, 2023 15.40%
September 30, 2022 17.19%
June 30, 2022 35.14%
Date Value
March 31, 2022 3.96%
December 31, 2021 0.05%
September 30, 2021 12.79%
June 30, 2021 19.22%
March 31, 2021 19.95%
December 31, 2020 14.20%
September 30, 2020 23.90%

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

0.05%
Minimum
Dec 2021
35.14%
Maximum
Jun 2022
13.74%
Average
14.80%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics