Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 71.42%
June 30, 2024 69.51%
March 31, 2024 70.09%
December 31, 2023 61.77%
September 30, 2023 61.85%
June 30, 2023 57.74%
March 31, 2023 59.27%
December 31, 2022 46.13%
September 30, 2022 42.46%
June 30, 2022 42.15%
Date Value
March 31, 2022 42.06%
December 31, 2021 34.05%
September 30, 2021 23.18%
June 30, 2021 -16.58%
March 31, 2021 32.12%
December 31, 2020 28.08%
September 30, 2020 17.27%
June 30, 2020 -17.52%
March 31, 2020 2.70%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

-17.52%
Minimum
Jun 2020
71.42%
Maximum
Sep 2024
38.30%
Average
42.15%
Median
Jun 2022

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