Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 65.78%
March 31, 2024 58.97%
December 31, 2023 66.18%
September 30, 2023 62.14%
June 30, 2023 62.84%
March 31, 2023 64.35%
December 31, 2022 58.63%
September 30, 2022 63.22%
June 30, 2022 69.04%
March 31, 2022 66.91%
December 31, 2021 53.57%
September 30, 2021 58.64%
June 30, 2021 68.08%
March 31, 2021 69.12%
December 31, 2020 72.18%
September 30, 2020 54.41%
June 30, 2020 64.76%
Date Value
March 31, 2020 70.93%
December 31, 2019 63.54%
September 30, 2019 56.75%
June 30, 2019 63.41%
March 31, 2019 66.03%
December 31, 2018 64.46%
September 30, 2018 73.04%
June 30, 2018 65.40%
March 31, 2018 83.00%
December 31, 2017 66.83%
September 30, 2017 50.64%
June 30, 2017 85.37%
March 31, 2017 71.72%
December 31, 2016 18.56%
September 30, 2016 -60.48%
June 30, 2016 16.64%

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

53.57%
Minimum
Dec 2021
72.18%
Maximum
Dec 2020
63.86%
Average
64.35%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics