Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
May 31, 2024 87.01%
February 29, 2024 86.28%
November 30, 2023 85.85%
August 31, 2023 88.03%
May 31, 2023 87.48%
February 28, 2023 85.92%
November 30, 2022 87.32%
August 31, 2022 82.06%
May 31, 2022 79.02%
February 28, 2022 83.12%
November 30, 2021 89.63%
August 31, 2021 88.98%
Date Value
May 31, 2021 90.98%
February 28, 2021 90.13%
November 30, 2020 91.96%
August 31, 2020 92.52%
May 31, 2020 90.75%
February 29, 2020 91.43%
November 30, 2019 91.85%
August 31, 2019 91.01%
May 31, 2019 92.52%
February 28, 2019 91.63%
November 30, 2018 92.26%

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

79.02%
Minimum
May 2022
92.52%
Maximum
Aug 2020
87.91%
Average
88.03%
Median
Aug 2023

Gross Profit Margin (Quarterly) Benchmarks

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