Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 58.34%
June 30, 2024 58.43%
March 31, 2024 59.00%
December 31, 2023 57.26%
September 30, 2023 59.71%
June 30, 2023 60.20%
March 31, 2023 62.29%
December 31, 2022 60.00%
September 30, 2022 64.15%
June 30, 2022 62.90%
Date Value
March 31, 2022 64.20%
December 31, 2021 62.63%
September 30, 2021 61.94%
June 30, 2021 63.45%
March 31, 2021 60.76%
December 31, 2020 63.67%
September 30, 2020 66.83%
June 30, 2020 69.86%
March 31, 2020 69.78%

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

57.26%
Minimum
Dec 2023
69.86%
Maximum
Jun 2020
62.39%
Average
62.29%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics