Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2023 45.48%
June 30, 2023 14.07%
March 31, 2023 58.63%
December 31, 2022 73.55%
September 30, 2022 68.99%
June 30, 2022 44.60%
March 31, 2022 46.10%
December 31, 2021 49.62%
September 30, 2021 43.75%
Date Value
June 30, 2021 53.53%
March 31, 2021 59.04%
December 31, 2020 53.36%
September 30, 2020 50.02%
June 30, 2020 21.87%
March 31, 2020 1.82%
December 31, 2019 -289.7%
September 30, 2019 93.42%
June 30, 2019 77.04%

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

-289.7%
Minimum
Dec 2019
93.42%
Maximum
Sep 2019
31.40%
Average
49.82%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics