Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 82.70%
June 30, 2024 94.47%
March 31, 2024 99.88%
December 31, 2023 91.69%
September 30, 2023
June 30, 2023
March 31, 2023 95.92%
Date Value
December 31, 2022 72.48%
September 30, 2022 94.01%
June 30, 2022
March 31, 2022 92.67%
December 31, 2021 92.98%
September 30, 2021 92.37%
June 30, 2021 99.34%

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

72.48%
Minimum
Dec 2022
99.88%
Maximum
Mar 2024
91.68%
Average
92.98%
Median
Dec 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics