Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 31.53%
June 30, 2024 12.56%
March 31, 2024 54.14%
December 31, 2023 -100.2%
September 30, 2023 26.73%
June 30, 2023 -39.68%
March 31, 2023 14.21%
December 31, 2022 7.33%
September 30, 2022 8.42%
June 30, 2022 10.05%
March 31, 2022 5.82%
December 31, 2021 9.42%
September 30, 2021 7.33%
Date Value
June 30, 2021 4.68%
March 31, 2021 71.48%
December 31, 2020
September 30, 2020 -9.94%
June 30, 2020
March 31, 2020
December 31, 2019 -9.54%
September 30, 2019 75.39%
June 30, 2019
March 31, 2019
December 31, 2018 94.12%
September 30, 2018
June 30, 2018 52.99%

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

-100.2%
Minimum
Dec 2023
71.48%
Maximum
Mar 2021
6.14%
Average
8.42%
Median
Sep 2022

Gross Profit Margin (Quarterly) Benchmarks

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