Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2024 18.38%
April 30, 2024 17.96%
January 31, 2024 17.98%
October 31, 2023 18.33%
July 31, 2023 18.07%
April 30, 2023 18.63%
January 31, 2023 18.32%
October 31, 2022 18.33%
July 31, 2022 16.85%
April 30, 2022 17.58%
January 31, 2022 18.29%
October 31, 2021 18.56%
July 31, 2021 18.28%
April 30, 2021 18.79%
January 31, 2021 18.82%
Date Value
October 31, 2020 19.92%
July 31, 2020 19.13%
April 30, 2020 19.40%
January 31, 2020 17.92%
October 31, 2019 19.13%
July 31, 2019 18.31%
April 30, 2019 18.27%
January 31, 2019 18.41%
October 31, 2018 18.38%
July 31, 2018 17.80%
April 30, 2018 18.01%
January 31, 2018 17.47%
October 31, 2017 18.19%
July 31, 2017 17.47%
April 30, 2017 17.15%

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

16.85%
Minimum
Jul 2022
19.92%
Maximum
Oct 2020
18.40%
Average
18.33%
Median
Oct 2023

Gross Profit Margin (Quarterly) Benchmarks