Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 45.50%
March 31, 2024 48.84%
December 31, 2023 51.07%
September 30, 2023 57.28%
Date Value
June 30, 2023 54.91%
March 31, 2023 52.58%
December 31, 2022 56.40%

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

45.50%
Minimum
Jun 2024
57.28%
Maximum
Sep 2023
52.37%
Average
52.58%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics