Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2024 29.52%
April 30, 2024 29.68%
January 31, 2024 28.19%
October 31, 2023 28.51%
July 31, 2023 28.32%
April 30, 2023 28.41%
January 31, 2023 28.00%
October 31, 2022 28.44%
July 31, 2022 28.09%
April 30, 2022 27.50%
January 31, 2022 25.05%
October 31, 2021 26.44%
July 31, 2021 27.54%
Date Value
April 30, 2021 27.62%
January 31, 2021 27.13%
October 31, 2020 25.51%
July 31, 2020 25.49%
April 30, 2020 23.36%
January 31, 2020 24.08%
October 31, 2019 23.73%
July 31, 2019 23.60%
April 30, 2019 22.90%
January 31, 2019 20.85%
October 31, 2018 19.65%
July 31, 2018 20.59%
April 30, 2018 19.65%

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

23.36%
Minimum
Apr 2020
29.68%
Maximum
Apr 2024
27.20%
Average
27.62%
Median
Apr 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics