Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 42.08%
March 31, 2024 42.83%
December 31, 2023 26.47%
September 30, 2023 41.32%
June 30, 2023 38.56%
March 31, 2023 37.29%
December 31, 2022 76.73%
September 30, 2022 41.64%
June 30, 2022 40.58%
March 31, 2022 39.86%
December 31, 2021 39.27%
September 30, 2021 39.10%
Date Value
June 30, 2021 36.09%
March 31, 2021 33.97%
December 31, 2020 41.49%
September 30, 2020 40.16%
June 30, 2020 42.98%
March 31, 2020 37.08%
December 31, 2019 42.87%
September 30, 2019 45.13%
June 30, 2019 42.77%
March 31, 2019 40.03%
December 31, 2018 42.26%
September 30, 2018 33.34%

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

26.47%
Minimum
Dec 2023
76.73%
Maximum
Dec 2022
41.07%
Average
40.16%
Median
Sep 2020

Gross Profit Margin (Quarterly) Benchmarks

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