Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2024 36.07%
April 30, 2024 33.41%
January 31, 2024 33.26%
October 31, 2023 34.53%
July 31, 2023 35.59%
April 30, 2023 33.76%
January 31, 2023 32.78%
October 31, 2022 34.97%
July 31, 2022 35.33%
April 30, 2022 35.53%
January 31, 2022 32.30%
Date Value
October 31, 2021 35.21%
July 31, 2021 35.86%
April 30, 2021 35.67%
January 31, 2021 31.24%
October 31, 2020 32.65%
July 31, 2020 30.91%
April 30, 2020 26.22%
January 31, 2020 27.04%
October 31, 2019 31.65%
July 31, 2019 31.13%

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

26.22%
Minimum
Apr 2020
36.07%
Maximum
Jul 2024
33.28%
Average
33.76%
Median
Apr 2023

Gross Profit Margin (Quarterly) Benchmarks

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