Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2024 59.81%
April 30, 2024 59.60%
January 31, 2024 57.76%
October 31, 2023 56.14%
July 31, 2023 56.04%
April 30, 2023 65.60%
January 31, 2023 66.59%
October 31, 2022 66.75%
July 31, 2022 71.82%
April 30, 2022 75.99%
January 31, 2022 75.13%
Date Value
October 31, 2021 72.59%
July 31, 2021 75.15%
April 30, 2021 77.60%
January 31, 2021 75.10%
October 31, 2020 75.62%
July 31, 2020 74.07%
April 30, 2020 77.15%
January 31, 2020 73.52%
October 31, 2019 73.95%
July 31, 2019 76.45%

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

56.04%
Minimum
Jul 2023
77.60%
Maximum
Apr 2021
69.05%
Average
72.59%
Median
Oct 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics