Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 56.33%
March 31, 2024 52.42%
December 31, 2023 56.81%
September 30, 2023 52.76%
June 30, 2023 64.83%
March 31, 2023 67.10%
December 31, 2022 72.72%
September 30, 2022 64.89%
June 30, 2022 66.69%
March 31, 2022 61.62%
December 31, 2021 68.60%
September 30, 2021 67.58%
June 30, 2021 65.91%
March 31, 2021 61.79%
December 31, 2020 68.25%
September 30, 2020 63.76%
June 30, 2020 56.10%
Date Value
March 31, 2020 66.06%
December 31, 2019 54.66%
September 30, 2019 70.75%
June 30, 2019 62.98%
March 31, 2019 64.92%
December 31, 2018 62.84%
September 30, 2018 68.28%
June 30, 2018 63.12%
March 31, 2018 72.63%
December 31, 2017 71.96%
September 30, 2017 80.29%
June 30, 2017 68.91%
March 31, 2017 72.52%
December 31, 2016 37.35%
September 30, 2016 73.36%
June 30, 2016 71.60%
March 31, 2016 81.03%

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

52.42%
Minimum
Mar 2024
72.72%
Maximum
Dec 2022
62.57%
Average
64.83%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics