Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 39.13%
March 31, 2024 39.81%
December 31, 2023 33.28%
September 30, 2023 33.20%
June 30, 2023 35.51%
March 31, 2023 35.80%
December 31, 2022 30.26%
September 30, 2022 32.04%
June 30, 2022 30.09%
March 31, 2022 28.16%
December 31, 2021 25.58%
Date Value
September 30, 2021 30.70%
June 30, 2021 36.36%
March 31, 2021 36.43%
December 31, 2020 32.64%
September 30, 2020 34.38%
June 30, 2020 38.25%
March 31, 2020 33.32%
December 31, 2019 23.59%
September 30, 2019 31.10%
June 30, 2019 34.07%
March 31, 2019 34.92%

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

23.59%
Minimum
Dec 2019
39.81%
Maximum
Mar 2024
33.08%
Average
33.28%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

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