Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 78.54%
June 30, 2024 85.59%
March 31, 2024 76.14%
December 31, 2023 74.86%
September 30, 2023 75.63%
June 30, 2023 86.12%
March 31, 2023 77.30%
December 31, 2022 80.72%
September 30, 2022 75.98%
June 30, 2022 88.61%
March 31, 2022 89.89%
December 31, 2021 52.83%
Date Value
September 30, 2021 88.81%
June 30, 2021 87.51%
March 31, 2021 88.95%
December 31, 2020 41.23%
September 30, 2020 89.12%
June 30, 2020 88.02%
March 31, 2020 85.62%
September 30, 2019 88.55%
June 30, 2019 87.75%
March 31, 2019 87.39%
December 31, 2018 80.74%
September 30, 2018 88.12%

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

41.23%
Minimum
Dec 2020
89.89%
Maximum
Mar 2022
79.55%
Average
85.59%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks