Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2024 74.33%
April 30, 2024 74.14%
January 31, 2024 76.26%
October 31, 2023 76.43%
July 31, 2023 76.04%
April 30, 2023 76.63%
January 31, 2023 77.16%
October 31, 2022 76.07%
July 31, 2022 75.75%
April 30, 2022 76.28%
January 31, 2022 73.53%
October 31, 2021 73.66%
July 31, 2021 74.03%
April 30, 2021 74.76%
January 31, 2021 74.47%
Date Value
October 31, 2020 73.01%
July 31, 2020 73.31%
April 30, 2020 70.95%
January 31, 2020 68.70%
October 31, 2019 67.69%
July 31, 2019 65.89%
April 30, 2019 68.62%
January 31, 2019 68.17%
October 31, 2018 64.91%
July 31, 2018 63.47%
April 30, 2018 63.79%
January 31, 2018 59.65%
October 31, 2017 56.21%
July 31, 2017 58.87%
April 30, 2017 59.84%

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

68.70%
Minimum
Jan 2020
77.16%
Maximum
Jan 2023
74.50%
Average
74.47%
Median
Jan 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics