Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 73.72%
March 31, 2024 71.86%
December 31, 2023 7.85%
September 30, 2023 72.03%
June 30, 2023 70.53%
March 31, 2023 69.15%
December 31, 2022 -5.43%
September 30, 2022 71.18%
June 30, 2022 54.42%
March 31, 2022 70.74%
December 31, 2021 52.98%
September 30, 2021 55.50%
June 30, 2021 54.18%
March 31, 2021 52.52%
December 31, 2020 53.50%
September 30, 2020 54.15%
Date Value
June 30, 2020 50.11%
March 31, 2020 49.89%
December 31, 2019 48.90%
September 30, 2019 47.55%
June 30, 2019 43.38%
March 31, 2019 42.54%
December 31, 2018 42.65%
September 30, 2018 42.36%
June 30, 2018 41.31%
March 31, 2018 40.97%
December 31, 2017 40.79%
September 30, 2017 40.52%
June 30, 2017 39.00%
March 31, 2017 37.88%
December 31, 2016 27.32%
September 30, 2016 32.83%

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

-5.43%
Minimum
Dec 2022
73.72%
Maximum
Jun 2024
54.09%
Average
54.18%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics