Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2023 99.90%
March 31, 2023 99.02%
December 31, 2022 98.93%
September 30, 2022
June 30, 2022
Date Value
March 31, 2022
December 31, 2021
September 30, 2021 41.79%
June 30, 2021 95.75%
March 31, 2021 98.31%

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

41.79%
Minimum
Sep 2021
99.90%
Maximum
Jun 2023
88.95%
Average
98.62%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics