Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 62.83%
June 30, 2024 57.57%
March 31, 2024 35.06%
December 31, 2023 49.28%
September 30, 2023 48.95%
June 30, 2023 38.52%
March 31, 2023 23.71%
December 31, 2022 25.62%
Date Value
September 30, 2022 54.05%
June 30, 2022 28.64%
March 31, 2022 28.42%
September 30, 2021 55.95%
June 30, 2021 43.94%
March 31, 2021 26.38%
December 31, 2020 42.98%
September 30, 2020 56.24%

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

23.71%
Minimum
Mar 2023
62.83%
Maximum
Sep 2024
42.38%
Average
43.46%
Median

Gross Profit Margin (Quarterly) Related Metrics