Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 35.37%
June 30, 2024 32.98%
March 31, 2024 46.23%
December 31, 2023 29.52%
September 30, 2023 26.01%
June 30, 2023 23.72%
Date Value
March 31, 2023 17.42%
December 31, 2022 16.02%
September 30, 2022 13.82%
June 30, 2022 12.37%
March 31, 2022 8.86%
December 31, 2021 10.00%

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

8.86%
Minimum
Mar 2022
46.23%
Maximum
Mar 2024
22.69%
Average
20.57%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics