Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2024 40.60%
April 30, 2024 39.01%
January 31, 2024 34.09%
October 31, 2023 40.67%
July 31, 2023 41.01%
April 30, 2023 40.33%
January 31, 2023 38.96%
October 31, 2022 42.31%
July 31, 2022 40.14%
April 30, 2022 40.36%
January 31, 2022 39.94%
Date Value
October 31, 2021 42.56%
July 31, 2021 46.08%
April 30, 2021 43.32%
January 31, 2021 42.41%
October 31, 2020 44.81%
July 31, 2020 49.01%
April 30, 2020 43.04%
January 31, 2020 43.48%
October 31, 2019
July 31, 2019 49.57%
April 30, 2019 39.30%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

34.09%
Minimum
Jan 2024
49.01%
Maximum
Jul 2020
41.69%
Average
41.01%
Median
Jul 2023

Gross Profit Margin (Quarterly) Benchmarks