Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 24.81%
June 30, 2024 21.87%
March 31, 2024 23.30%
December 31, 2023 18.12%
September 30, 2023 29.80%
June 30, 2023 29.78%
March 31, 2023 27.48%
December 31, 2022 13.18%
September 30, 2022 24.37%
June 30, 2022 24.34%
March 31, 2022 24.20%
Date Value
December 31, 2021 19.69%
September 30, 2021 23.26%
June 30, 2021 25.92%
March 31, 2021 22.52%
December 31, 2020 14.42%
September 30, 2020 -1.19%
June 30, 2020 9.11%
March 31, 2020 11.41%
December 31, 2019 -3.80%
September 30, 2019 8.82%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

-3.80%
Minimum
Dec 2019
29.80%
Maximum
Sep 2023
19.13%
Average
22.89%
Median

Gross Profit Margin (Quarterly) Benchmarks

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