Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2024 31.18%
April 30, 2024 31.93%
January 31, 2024 32.96%
October 31, 2023 32.28%
July 31, 2023 31.96%
April 30, 2023 32.55%
January 31, 2023 32.58%
October 31, 2022 32.46%
July 31, 2022 31.98%
April 30, 2022 32.03%
January 31, 2022 31.88%
October 31, 2021 32.32%
July 31, 2021 32.23%
April 30, 2021 31.52%
January 31, 2021 32.39%
October 31, 2020 32.61%
July 31, 2020 32.45%
April 30, 2020 32.64%
January 31, 2020 33.29%
October 31, 2019 33.01%
July 31, 2019 32.30%
Date Value
April 30, 2019 32.93%
January 31, 2019 32.36%
October 31, 2018 32.16%
July 31, 2018 31.46%
April 30, 2018 32.37%
January 31, 2018 33.38%
October 31, 2017 32.76%
July 31, 2017 31.94%
April 30, 2017 32.69%
January 31, 2017 33.02%
October 31, 2016 32.65%
July 31, 2016 32.48%
April 30, 2016 33.04%
January 31, 2016 31.91%
October 31, 2015 31.42%
July 31, 2015 31.14%
April 30, 2015 31.21%
January 31, 2015 31.29%
October 31, 2014 30.46%
July 31, 2014 29.12%

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

31.18%
Minimum
Jul 2024
33.29%
Maximum
Jan 2020
32.28%
Average
32.32%
Median
Oct 2021

Gross Profit Margin (Quarterly) Benchmarks