Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2024 88.85%
April 30, 2024 89.68%
January 31, 2024 89.84%
October 31, 2023 90.36%
July 31, 2023 90.01%
April 30, 2023 90.26%
January 31, 2023 89.88%
October 31, 2022 89.28%
July 31, 2022 89.80%
April 30, 2022 89.69%
January 31, 2022 89.70%
Date Value
October 31, 2021 90.45%
July 31, 2021 88.97%
April 30, 2021 89.68%
January 31, 2021 88.02%
October 31, 2020 87.57%
July 31, 2020 86.50%
April 30, 2020 86.99%
January 31, 2020 86.65%
October 31, 2019 86.01%
July 31, 2019 85.97%
April 30, 2019 85.31%

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

86.50%
Minimum
Jul 2020
90.45%
Maximum
Oct 2021
89.06%
Average
89.68%
Median
Apr 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics