Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 34.41%
December 31, 2023 36.94%
September 30, 2023 36.12%
June 30, 2023 33.94%
March 31, 2023 34.87%
December 31, 2022 36.21%
September 30, 2022 34.88%
June 30, 2022 34.75%
March 31, 2022 36.16%
Date Value
December 31, 2021 39.01%
September 30, 2021 35.66%
June 30, 2021 34.10%
March 31, 2021 35.87%
December 31, 2020 38.03%
September 30, 2020 40.36%
June 30, 2020 36.46%
March 31, 2020 39.63%

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

33.94%
Minimum
Jun 2023
40.36%
Maximum
Sep 2020
36.32%
Average
36.12%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks