Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 4.28%
March 31, 2024 3.69%
December 31, 2023 8.25%
September 30, 2023 7.91%
June 30, 2023 7.63%
March 31, 2023 7.70%
December 31, 2022 8.45%
September 30, 2022 10.04%
June 30, 2022 9.99%
March 31, 2022 8.19%
December 31, 2021 5.11%
September 30, 2021 4.24%
June 30, 2021 5.64%
March 31, 2021 5.81%
December 31, 2020 6.95%
September 30, 2020 9.45%
June 30, 2020 8.08%
Date Value
March 31, 2020 6.17%
December 31, 2019 6.24%
September 30, 2019 6.05%
June 30, 2019 6.68%
March 31, 2019 6.82%
December 31, 2018 9.40%
September 30, 2018 7.73%
June 30, 2018 10.51%
March 31, 2018 7.96%
December 31, 2017 4.22%
September 30, 2017 6.06%
June 30, 2017 7.72%
March 31, 2017 6.57%
December 31, 2016 7.08%
September 30, 2016 7.72%
June 30, 2016 7.68%
March 31, 2016 6.70%

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

3.69%
Minimum
Mar 2024
10.04%
Maximum
Sep 2022
7.04%
Average
7.63%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks