Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 51.85%
June 30, 2024 48.48%
March 31, 2024 43.15%
December 31, 2023 40.26%
September 30, 2023 47.92%
June 30, 2023 31.31%
March 31, 2023 36.08%
December 31, 2022 29.65%
September 30, 2022 35.23%
June 30, 2022 -4.39%
March 31, 2022 19.10%
December 31, 2021 24.78%
September 30, 2021 32.67%
Date Value
June 30, 2021 27.33%
March 31, 2021 35.25%
December 31, 2020 39.89%
September 30, 2020 43.37%
June 30, 2020 47.72%
March 31, 2020 46.85%
December 31, 2019 42.28%
September 30, 2019 46.10%
June 30, 2019 44.81%
March 31, 2019 38.08%
December 31, 2018 42.35%
September 30, 2018 45.94%

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

-4.39%
Minimum
Jun 2022
51.85%
Maximum
Sep 2024
35.94%
Average
37.99%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics