Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2024 70.63%
April 30, 2024 70.58%
January 31, 2024 68.53%
October 31, 2023 69.70%
July 31, 2023 68.72%
April 30, 2023 67.93%
January 31, 2023 61.22%
October 31, 2022 62.04%
July 31, 2022 63.41%
Date Value
April 30, 2022 59.74%
January 31, 2022 71.85%
October 31, 2021 72.72%
July 31, 2021 72.30%
April 30, 2021 71.41%
January 31, 2021 69.83%
October 31, 2020 72.82%
July 31, 2020 69.84%
April 30, 2020 67.60%

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

59.74%
Minimum
Apr 2022
72.82%
Maximum
Oct 2020
68.38%
Average
69.76%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics