Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 26.26%
June 30, 2024 27.53%
March 31, 2024 24.13%
December 31, 2023 30.72%
September 30, 2023 26.63%
June 30, 2023 24.26%
March 31, 2023 17.73%
December 31, 2022 22.61%
September 30, 2022 18.41%
June 30, 2022 20.07%
March 31, 2022 19.88%
December 31, 2021 22.41%
Date Value
September 30, 2021 20.11%
June 30, 2021 23.83%
March 31, 2021 25.36%
December 31, 2020 30.07%
September 30, 2020 32.20%
June 30, 2020 30.66%
March 31, 2020 25.89%
December 31, 2019 31.50%
September 30, 2019 29.28%
June 30, 2019 28.70%
March 31, 2019 26.02%
December 31, 2018 29.33%

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

17.73%
Minimum
Mar 2023
32.20%
Maximum
Sep 2020
25.01%
Average
24.81%
Median

Gross Profit Margin (Quarterly) Benchmarks