Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 16.12%
March 31, 2024 10.45%
December 31, 2023 13.08%
September 30, 2023 15.90%
June 30, 2023 15.19%
March 31, 2023 8.09%
December 31, 2022 8.92%
September 30, 2022 12.62%
June 30, 2022 11.64%
March 31, 2022 5.13%
December 31, 2021 11.57%
September 30, 2021 12.42%
June 30, 2021 13.99%
March 31, 2021 10.09%
December 31, 2020 16.02%
September 30, 2020 18.43%
Date Value
June 30, 2020 16.99%
March 31, 2020 11.96%
December 31, 2019 13.55%
September 30, 2019 16.41%
June 30, 2019 16.76%
March 31, 2019 12.05%
December 31, 2018 13.69%
September 30, 2018 15.54%
June 30, 2018 15.11%
March 31, 2018 11.56%
December 31, 2017 15.16%
September 30, 2017 18.07%
June 30, 2017 16.19%
March 31, 2017 13.01%
December 31, 2016 15.34%

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

5.13%
Minimum
Mar 2022
18.43%
Maximum
Sep 2020
12.75%
Average
12.62%
Median
Sep 2022