Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
January 31, 2024 61.47%
October 31, 2023 -15.19%
Date Value
July 31, 2023 99.94%

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

-15.19%
Minimum
Oct 2023
99.94%
Maximum
Jul 2023
48.74%
Average
61.47%
Median
Jan 2024

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