Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 57.02%
March 31, 2024 57.06%
December 31, 2023 60.64%
September 30, 2023 57.95%
June 30, 2023 53.37%
March 31, 2023 53.46%
December 31, 2022 37.28%
September 30, 2022 51.30%
June 30, 2022 52.16%
March 31, 2022 52.74%
December 31, 2021 57.50%
September 30, 2021 57.08%
June 30, 2021 58.47%
March 31, 2021 58.65%
December 31, 2020 59.84%
Date Value
September 30, 2020 59.05%
June 30, 2020 55.69%
March 31, 2020 53.01%
December 31, 2019 54.55%
September 30, 2019 52.41%
June 30, 2019 50.19%
March 31, 2019 49.32%
December 31, 2018 53.00%
September 30, 2018 49.74%
June 30, 2018 48.75%
March 31, 2018 42.28%
December 31, 2017 46.08%
September 30, 2017 44.91%
March 31, 2016 48.24%
March 31, 2015 43.11%

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

37.28%
Minimum
Dec 2022
60.64%
Maximum
Dec 2023
55.10%
Average
57.02%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

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