Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 59.59%
June 30, 2024 60.09%
March 31, 2024 59.95%
December 31, 2023 57.92%
September 30, 2023 57.61%
Date Value
June 30, 2023 57.78%
March 31, 2023 57.80%
December 31, 2022 56.97%
September 30, 2022 56.93%

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

56.93%
Minimum
Sep 2022
60.09%
Maximum
Jun 2024
58.29%
Average
57.80%
Median
Mar 2023

Gross Profit Margin (Quarterly) Related Metrics