Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2023 37.52%
March 31, 2023 21.30%
December 31, 2022
September 30, 2022
June 30, 2022 23.13%
March 31, 2022 -14.79%
December 31, 2021 17.62%
Date Value
September 30, 2021 14.02%
June 30, 2021 18.01%
March 31, 2021 36.69%
September 30, 2020 -10.00%
June 30, 2020 10.63%
September 30, 2019 15.74%
June 30, 2019 35.28%

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

-14.79%
Minimum
Mar 2022
37.52%
Maximum
Jun 2023
17.10%
Average
17.81%
Median

Gross Profit Margin (Quarterly) Benchmarks