Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 17.36%
June 30, 2024 16.43%
March 31, 2024 15.94%
December 31, 2023 16.63%
September 30, 2023 16.49%
June 30, 2023 15.52%
March 31, 2023 15.27%
December 31, 2022 17.61%
September 30, 2022 16.26%
June 30, 2022 13.41%
March 31, 2022 11.80%
December 31, 2021 13.38%
September 30, 2021 4.77%
June 30, 2021 -20.86%
Date Value
March 31, 2021 -57.05%
December 31, 2020 -257.1%
September 30, 2020 -384.0%
June 30, 2020 -1.32K%
March 31, 2020 10.14%
December 31, 2019 11.22%
September 30, 2019 14.30%
June 30, 2019 15.09%
March 31, 2019 14.91%
December 31, 2018 14.31%
September 30, 2018 14.05%
June 30, 2018 14.60%
March 31, 2018 14.47%
December 31, 2017 14.32%

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

-1.32K%
Minimum
Jun 2020
17.61%
Maximum
Dec 2022
-91.39%
Average
13.40%
Median

Gross Profit Margin (Quarterly) Benchmarks