Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
August 31, 2024 46.48%
May 31, 2024 46.94%
February 29, 2024 53.38%
November 30, 2023 45.14%
August 31, 2023 42.89%
May 31, 2023 41.86%
February 28, 2023 48.45%
November 30, 2022 44.57%
August 31, 2022 43.14%
May 31, 2022 44.33%
February 28, 2022 53.50%
November 30, 2021 45.89%
Date Value
August 31, 2021 39.51%
May 31, 2021 39.63%
February 28, 2021 53.37%
November 30, 2020 40.84%
August 31, 2020 42.72%
May 31, 2020 38.04%
February 29, 2020 50.61%
November 30, 2019 40.85%
August 31, 2019 43.46%
May 31, 2019 39.38%
February 28, 2019 49.78%

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

38.04%
Minimum
May 2020
53.50%
Maximum
Feb 2022
45.11%
Average
44.45%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics