Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 55.02%
January 31, 2024 28.50%
October 31, 2023 27.42%
July 31, 2023 18.88%
April 30, 2023 19.98%
January 31, 2023 22.67%
October 31, 2022 22.11%
July 31, 2022 27.26%
April 30, 2022 29.95%
January 31, 2022 22.80%
July 31, 2021 37.15%
April 30, 2021 43.43%
Date Value
January 31, 2021 51.07%
October 31, 2020 58.49%
July 31, 2020 62.24%
April 30, 2020 95.71%
January 31, 2020 97.14%
October 31, 2019 96.35%
July 31, 2019
April 30, 2019 70.85%
January 31, 2019 90.33%
October 31, 2018 89.11%
July 31, 2018 85.90%

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

18.88%
Minimum
Jul 2023
97.14%
Maximum
Jan 2020
42.34%
Average
29.95%
Median
Apr 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics