Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 35.59%
March 31, 2024 33.30%
December 31, 2023 25.10%
September 30, 2023 28.71%
June 30, 2023 39.02%
March 31, 2023 31.82%
December 31, 2022 26.42%
September 30, 2022 29.10%
June 30, 2022 31.78%
March 31, 2022 32.46%
December 31, 2021 34.15%
September 30, 2021 36.49%
Date Value
June 30, 2021 41.30%
March 31, 2021 42.84%
December 31, 2020 36.68%
September 30, 2020 38.23%
June 30, 2020 38.23%
March 31, 2020 40.21%
December 31, 2019 38.72%
September 30, 2019 38.80%
June 30, 2019 40.38%
March 31, 2019 43.64%
December 31, 2018 65.01%

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

25.10%
Minimum
Dec 2023
42.84%
Maximum
Mar 2021
34.74%
Average
35.59%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks