Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 61.67%
June 30, 2024 60.53%
March 31, 2024 83.70%
December 31, 2023
September 30, 2023 75.12%
June 30, 2023 75.91%
March 31, 2023 86.70%
December 31, 2022 89.99%
September 30, 2022 83.90%
June 30, 2022 84.89%
Date Value
March 31, 2022 85.10%
December 31, 2021
September 30, 2021 61.61%
June 30, 2021 63.72%
March 31, 2021 60.75%
December 31, 2020
September 30, 2020 69.93%
June 30, 2020 68.93%
March 31, 2020 66.66%
December 31, 2019 75.23%

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

60.53%
Minimum
Jun 2024
89.99%
Maximum
Dec 2022
73.78%
Average
75.12%
Median
Sep 2023

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