Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 20.90%
March 31, 2024 17.29%
December 31, 2023 -94.77%
September 30, 2023 13.66%
June 30, 2023 9.76%
March 31, 2023 21.55%
December 31, 2022 7.53%
September 30, 2022 19.84%
June 30, 2022 17.05%
March 31, 2022 17.50%
December 31, 2021 17.11%
September 30, 2021 15.34%
Date Value
June 30, 2021 17.31%
March 31, 2021 22.59%
December 31, 2020 10.29%
September 30, 2020 13.08%
June 30, 2020 15.55%
March 31, 2020 18.79%
December 31, 2019 10.16%
September 30, 2019 12.00%
June 30, 2019 14.56%
March 31, 2019 12.42%
September 30, 2018
June 30, 2018 16.00%

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

-94.77%
Minimum
Dec 2023
22.59%
Maximum
Mar 2021
10.03%
Average
17.05%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

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