Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 49.26%
June 30, 2024 10.14%
March 31, 2024 26.84%
December 31, 2023 24.00%
September 30, 2023 9.01%
June 30, 2023 4.78%
March 31, 2023 17.94%
December 31, 2022 32.68%
September 30, 2022 43.32%
June 30, 2022 3.13%
Date Value
March 31, 2022 4.95%
December 31, 2021 2.98%
September 30, 2021 43.24%
June 30, 2021 52.69%
March 31, 2021 59.21%
December 31, 2020 56.25%
September 30, 2020 94.07%
June 30, 2020 80.10%
March 31, 2020 92.70%

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

2.98%
Minimum
Dec 2021
94.07%
Maximum
Sep 2020
37.23%
Average
32.68%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks

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