Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 49.18%
March 31, 2024 55.18%
December 31, 2023 51.96%
September 30, 2023 51.15%
June 30, 2023 44.89%
March 31, 2023 47.77%
December 31, 2022 51.31%
September 30, 2022 47.67%
June 30, 2022 44.14%
March 31, 2022 37.37%
December 31, 2021 30.96%
Date Value
September 30, 2021 28.26%
June 30, 2021 28.08%
March 31, 2021 31.26%
December 31, 2020 31.40%
September 30, 2020 31.28%
June 30, 2020 26.10%
March 31, 2020 35.33%
December 31, 2019 35.19%
September 30, 2019 42.79%
June 30, 2019 42.22%
March 31, 2019 48.61%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

26.10%
Minimum
Jun 2020
55.18%
Maximum
Mar 2024
39.92%
Average
37.37%
Median
Mar 2022

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