Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 29.50%
September 30, 2023 29.69%
June 30, 2023 29.11%
March 31, 2023 29.77%
December 31, 2022 27.92%
September 30, 2022 29.04%
June 30, 2022 28.18%
March 31, 2022 29.47%
December 31, 2021 29.11%
September 30, 2021 29.28%
Date Value
June 30, 2021 29.05%
March 31, 2021 29.90%
December 31, 2020 28.97%
September 30, 2020 29.96%
June 30, 2020 29.42%
March 31, 2020 30.24%
December 31, 2019 28.81%
September 30, 2019 29.43%
June 30, 2019 29.36%
March 31, 2019 29.06%

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

27.92%
Minimum
Dec 2022
30.24%
Maximum
Mar 2020
29.27%
Average
29.36%
Median
Jun 2019

Gross Profit Margin (Quarterly) Benchmarks

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