Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 68.02%
September 30, 2023 91.69%
June 30, 2023 48.78%
March 31, 2023 59.24%
December 31, 2022 33.66%
September 30, 2022 70.86%
Date Value
June 30, 2022 70.86%
March 31, 2022 44.29%
December 31, 2021 36.70%
September 30, 2021 59.08%
June 30, 2021 47.18%
March 31, 2021 58.72%

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

33.66%
Minimum
Dec 2022
91.69%
Maximum
Sep 2023
57.42%
Average
58.90%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics