Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2024 75.56%
April 30, 2024 75.55%
January 31, 2024 75.02%
October 31, 2023 74.07%
July 31, 2023 73.15%
April 30, 2023 71.83%
January 31, 2023 72.38%
October 31, 2022 72.17%
Date Value
July 31, 2022 71.17%
April 30, 2022 72.23%
January 31, 2022 69.22%
October 31, 2021 72.08%
July 31, 2021 71.92%
April 30, 2021 70.79%
January 31, 2021 72.07%

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

69.22%
Minimum
Jan 2022
75.56%
Maximum
Jul 2024
72.61%
Average
72.17%
Median
Oct 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics