Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 50.94%
March 31, 2024 45.83%
December 31, 2023 47.83%
September 30, 2023 44.67%
June 30, 2023 46.00%
March 31, 2023 43.68%
December 31, 2022 43.03%
September 30, 2022 41.21%
June 30, 2022 48.66%
March 31, 2022 50.21%
December 31, 2021 54.29%
September 30, 2021 53.85%
June 30, 2021 57.87%
Date Value
March 31, 2021 54.73%
December 31, 2020 42.66%
September 30, 2020 54.71%
June 30, 2020 44.17%
March 31, 2020 55.26%
December 31, 2019 58.18%
September 30, 2019 58.84%
June 30, 2019 58.14%
March 31, 2019 53.88%
December 31, 2018 51.81%
September 30, 2018 52.22%
June 30, 2018 53.75%

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

41.21%
Minimum
Sep 2022
58.18%
Maximum
Dec 2019
49.36%
Average
48.66%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

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