Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 24.67%
June 30, 2024 23.03%
March 31, 2024 23.16%
December 31, 2023 21.81%
September 30, 2023 21.90%
June 30, 2023 21.27%
March 31, 2023 21.25%
December 31, 2022 20.57%
September 30, 2022 20.08%
Date Value
June 30, 2022 16.74%
March 31, 2022 16.64%
December 31, 2021 14.26%
September 30, 2021 17.08%
June 30, 2021 20.89%
March 31, 2021 24.47%
December 31, 2020 19.26%
September 30, 2020 20.41%

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

14.26%
Minimum
Dec 2021
24.67%
Maximum
Sep 2024
20.44%
Average
20.89%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

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