Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 39.72%
June 30, 2024 39.04%
March 31, 2024 41.06%
December 31, 2023 42.17%
September 30, 2023 32.30%
June 30, 2023 41.47%
March 31, 2023 41.06%
December 31, 2022 40.55%
Date Value
September 30, 2022 3.82%
June 30, 2022 41.63%
March 31, 2022 43.96%
December 31, 2021 44.29%
September 30, 2021 46.16%
June 30, 2021 45.49%
March 31, 2021 44.35%

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

3.82%
Minimum
Sep 2022
46.16%
Maximum
Sep 2021
39.14%
Average
41.47%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

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