Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 74.05%
March 31, 2024
December 31, 2023 12.31%
September 30, 2023 20.41%
June 30, 2023 81.99%
March 31, 2023
December 31, 2022 14.07%
September 30, 2022 19.76%
June 30, 2022 13.96%
March 31, 2022 8.84%
December 31, 2021 4.78%
Date Value
September 30, 2021 6.48%
June 30, 2021 8.29%
March 31, 2021 6.12%
December 31, 2020 4.95%
September 30, 2020 7.88%
June 30, 2020 3.01%
March 31, 2020 4.89%
December 31, 2019 4.59%
September 30, 2019 4.61%
June 30, 2019 5.31%
March 31, 2019 5.11%

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

3.01%
Minimum
Jun 2020
81.99%
Maximum
Jun 2023
17.43%
Average
8.29%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

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