Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 25.11%
December 31, 2023 27.09%
September 30, 2023 23.58%
Date Value
December 31, 2022 23.98%
September 30, 2022 24.85%

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

23.58%
Minimum
Sep 2023
27.09%
Maximum
Dec 2023
24.92%
Average
24.85%
Median
Sep 2022

Gross Profit Margin (Quarterly) Related Metrics