Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 40.69%
March 31, 2024 34.76%
December 31, 2023 33.21%
September 30, 2023 33.79%
June 30, 2023 30.09%
March 31, 2023 38.02%
December 31, 2022 34.59%
September 30, 2022 41.30%
June 30, 2022 33.87%
March 31, 2022 36.06%
December 31, 2021 34.26%
September 30, 2021 35.77%
June 30, 2021 44.74%
March 31, 2021 46.95%
December 31, 2020 47.17%
Date Value
September 30, 2020 47.17%
June 30, 2020 49.44%
March 31, 2020 43.46%
December 31, 2019 47.66%
September 30, 2019 45.04%
June 30, 2019 41.54%
March 31, 2019 40.73%
December 31, 2018 34.21%
September 30, 2018 39.72%
June 30, 2018 42.00%
March 31, 2018 42.48%
December 31, 2017 41.12%
September 30, 2017 43.00%
June 30, 2017 44.40%
March 31, 2017 47.45%

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

30.09%
Minimum
Jun 2023
49.44%
Maximum
Jun 2020
39.63%
Average
38.02%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics