Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 55.54%
June 30, 2024 83.74%
March 31, 2024 83.94%
December 31, 2023 98.95%
September 30, 2023 66.68%
June 30, 2023 91.71%
March 31, 2023 93.02%
December 31, 2022 95.01%
September 30, 2022 89.42%
June 30, 2022 86.68%
March 31, 2022 81.92%
Date Value
December 31, 2021 94.70%
September 30, 2021 90.90%
June 30, 2021 90.99%
March 31, 2021 88.19%
December 31, 2020 99.99%
September 30, 2020 90.91%
June 30, 2020 89.90%
March 31, 2020 92.56%
December 31, 2019 88.83%
September 30, 2019 96.16%
June 30, 2019 94.96%

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

55.54%
Minimum
Sep 2024
99.99%
Maximum
Dec 2020
87.68%
Average
90.40%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics