Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 45.82%
June 30, 2024 60.88%
March 31, 2024 66.05%
December 31, 2023 58.27%
September 30, 2023 57.93%
June 30, 2023 66.92%
Date Value
March 31, 2023 56.63%
December 31, 2022 44.82%
September 30, 2022 -34.08%
June 30, 2022 57.33%
March 31, 2022 85.25%

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

-34.08%
Minimum
Sep 2022
85.25%
Maximum
Mar 2022
51.44%
Average
57.93%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics