Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2023 35.79%
December 31, 2022 37.27%
September 30, 2022 38.96%
June 30, 2022 36.62%
March 31, 2022 33.08%
December 31, 2021 34.56%
September 30, 2021 36.98%
June 30, 2021 37.62%
March 31, 2021 34.73%
December 31, 2020 36.83%
September 30, 2020 39.84%
Date Value
June 30, 2020 38.71%
March 31, 2020 33.46%
December 31, 2019 39.98%
September 30, 2019 36.12%
June 30, 2019 31.13%
March 31, 2019 33.14%
December 31, 2018 34.39%
September 30, 2018 32.97%
June 30, 2018 29.47%
March 31, 2018 33.66%
December 31, 2017 33.49%

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

33.08%
Minimum
Mar 2022
39.98%
Maximum
Dec 2019
36.75%
Average
36.91%
Median