Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 53.72%
December 31, 2023 67.06%
September 30, 2023 45.48%
June 30, 2023 14.07%
March 31, 2023 58.63%
December 31, 2022
September 30, 2022 57.23%
June 30, 2022 43.22%
March 31, 2022 47.16%
December 31, 2021 52.89%
Date Value
September 30, 2021 43.41%
June 30, 2021 50.02%
March 31, 2021 53.76%
December 31, 2020 6.87%
September 30, 2020 94.78%
June 30, 2020 72.07%
March 31, 2020 53.12%
December 31, 2019 -291.8%
September 30, 2019 93.91%
June 30, 2019 55.80%

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

-291.8%
Minimum
Dec 2019
94.78%
Maximum
Sep 2020
35.33%
Average
53.12%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks

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