Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 64.48%
March 31, 2024 49.15%
December 31, 2023 74.53%
September 30, 2023 73.14%
June 30, 2023 82.06%
March 31, 2023 76.83%
Date Value
December 31, 2022 86.63%
September 30, 2022 72.33%
June 30, 2022 59.09%
March 31, 2022 80.32%
January 31, 2021 76.35%

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

49.15%
Minimum
Mar 2024
86.63%
Maximum
Dec 2022
72.26%
Average
74.53%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics