Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 20.00%
March 31, 2024
December 31, 2023
September 30, 2023 66.67%
June 30, 2023 25.00%
March 31, 2023 0.00%
December 31, 2022 15.00%
September 30, 2022 0.00%
Date Value
June 30, 2022 50.00%
March 31, 2022 23.33%
December 31, 2021 55.56%
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020 26.09%
September 30, 2020 48.00%

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

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Minimum
Sep 2022
66.67%
Maximum
Sep 2023
29.97%
Average
25.00%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks