Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2023 23.81%
June 30, 2023 30.94%
March 31, 2023 17.60%
December 31, 2022 31.25%
September 30, 2022 26.18%
June 30, 2022 27.66%
March 31, 2022 17.44%
December 31, 2021 21.24%
September 30, 2021 31.63%
June 30, 2021 21.15%
March 31, 2021 28.20%
December 31, 2020 16.52%
September 30, 2020 40.98%
June 30, 2020 34.83%
Date Value
March 31, 2020 38.92%
December 31, 2019 24.33%
September 30, 2019 30.94%
June 30, 2019 24.75%
March 31, 2019 23.45%
December 31, 2018 23.50%
September 30, 2018 18.90%
June 30, 2018 23.91%
March 31, 2018 24.58%
December 31, 2017 26.44%
September 30, 2017 28.29%
June 30, 2017 29.51%
March 31, 2017 27.83%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

16.52%
Minimum
Dec 2020
40.98%
Maximum
Sep 2020
27.04%
Average
26.92%
Median

Gross Profit Margin (Quarterly) Benchmarks