Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 51.16%
December 31, 2023 53.52%
September 30, 2023 65.02%
June 30, 2023 63.64%
March 31, 2023 57.13%
December 31, 2022 52.16%
September 30, 2022 50.05%
June 30, 2022 50.64%
Date Value
March 31, 2022 45.51%
December 31, 2021 57.78%
September 30, 2021 44.17%
June 30, 2021 59.10%
March 31, 2021 65.75%
December 31, 2020 66.10%
September 30, 2020 66.23%

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

44.17%
Minimum
Sep 2021
66.23%
Maximum
Sep 2020
56.53%
Average
57.13%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics