Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 41.40%
March 31, 2024 38.29%
December 31, 2023 47.31%
September 30, 2023 39.52%
June 30, 2023 49.39%
March 31, 2023 41.54%
December 31, 2022 23.50%
September 30, 2022 68.06%
June 30, 2022 55.56%
March 31, 2022 25.11%
December 31, 2021 26.16%
September 30, 2021 42.91%
June 30, 2021 51.61%
March 31, 2021 36.57%
December 31, 2020 20.28%
September 30, 2020 36.04%
June 30, 2020 57.42%
Date Value
March 31, 2020 86.35%
December 31, 2019 60.47%
September 30, 2019 40.48%
June 30, 2019 68.15%
March 31, 2019 76.26%
December 31, 2018 -2.55%
September 30, 2018 23.44%
June 30, 2018 69.39%
March 31, 2018 52.37%
December 31, 2017 -80.93%
September 30, 2017 73.58%
June 30, 2017 -49.30%
March 31, 2017
December 31, 2016
September 30, 2016 35.88%
June 30, 2016 27.64%
March 31, 2016 -601.0%

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

20.28%
Minimum
Dec 2020
86.35%
Maximum
Mar 2020
44.60%
Average
41.54%
Median
Mar 2023

Gross Profit Margin (Quarterly) Related Metrics