Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2022 66.62%
June 30, 2022 71.59%
March 31, 2022 64.74%
December 31, 2021 54.66%
Date Value
September 30, 2021 50.51%
June 30, 2021 47.78%
March 31, 2021 31.97%

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

31.97%
Minimum
Mar 2021
71.59%
Maximum
Jun 2022
55.41%
Average
54.66%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks