Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 20.41%
June 30, 2024 20.69%
June 30, 2023 21.02%
March 31, 2023 19.49%
December 31, 2022 17.23%
September 30, 2022 16.63%
June 30, 2022 16.77%
March 31, 2022 17.33%
December 31, 2021 17.13%
September 30, 2021 18.31%
June 30, 2021 17.26%
March 31, 2021 18.42%
December 31, 2020 16.07%
September 30, 2020 14.09%
Date Value
June 30, 2020 14.39%
March 31, 2020 15.21%
December 31, 2019 13.89%
September 30, 2019 15.35%
June 30, 2019 13.97%
March 31, 2019 11.92%
December 31, 2018 12.74%
September 30, 2018 12.94%
June 30, 2018 12.49%
March 31, 2018 12.50%
December 31, 2017 10.37%
September 30, 2017 15.26%
June 30, 2017 14.31%
March 31, 2017 13.30%

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

13.89%
Minimum
Dec 2019
21.02%
Maximum
Jun 2023
17.31%
Average
17.23%
Median
Dec 2022

Gross Profit Margin (Quarterly) Benchmarks

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