Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 6.86%
March 31, 2024 6.67%
December 31, 2023 5.38%
September 30, 2023 9.48%
June 30, 2023 8.94%
March 31, 2023 9.73%
December 31, 2022 10.13%
Date Value
September 30, 2022 10.31%
June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021 2.85%
June 30, 2021 6.68%
March 31, 2021 3.24%

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

2.85%
Minimum
Sep 2021
10.31%
Maximum
Sep 2022
7.30%
Average
6.86%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

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