Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 38.30%
June 30, 2024 33.71%
March 31, 2024 28.62%
December 31, 2023 22.14%
September 30, 2023 13.93%
June 30, 2023 0.96%
March 31, 2023 -2.18%
December 31, 2022 16.83%
September 30, 2022 33.17%
June 30, 2022 26.93%
Date Value
March 31, 2022 30.28%
December 31, 2021 30.14%
September 30, 2021 24.19%
June 30, 2021 25.75%
March 31, 2021 26.37%
December 31, 2020 30.94%
September 30, 2020 17.87%
June 30, 2020 9.18%
March 31, 2020 -83.30%

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

-83.30%
Minimum
Mar 2020
38.30%
Maximum
Sep 2024
17.04%
Average
25.75%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics