Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 45.78%
June 30, 2024 38.48%
March 31, 2024 33.45%
December 31, 2023 32.15%
September 30, 2023 16.93%
June 30, 2023 34.64%
March 31, 2023 39.95%
December 31, 2022 32.29%
September 30, 2022 30.15%
June 30, 2022 40.60%
March 31, 2022 36.35%
December 31, 2021 33.12%
September 30, 2021 34.19%
June 30, 2021 41.86%
March 31, 2021 42.95%
December 31, 2020 43.16%
September 30, 2020 40.16%
Date Value
June 30, 2020 16.22%
March 31, 2020 16.22%
December 31, 2019 21.58%
September 30, 2019 34.36%
June 30, 2019 23.22%
March 31, 2019 16.49%
December 31, 2018 26.17%
September 30, 2018 25.08%
June 30, 2018 23.08%
March 31, 2018 22.38%
December 31, 2017 16.42%
September 30, 2017 17.01%
June 30, 2017 17.21%
March 31, 2017 18.39%
December 31, 2016 33.04%
September 30, 2016 41.07%
June 30, 2016 40.74%

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

16.22%
Minimum
Mar 2020
45.78%
Maximum
Sep 2024
33.51%
Average
34.42%
Median

Gross Profit Margin (Quarterly) Benchmarks