Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
October 31, 2023 71.72%
July 31, 2023 73.92%
April 30, 2023
January 31, 2023 78.40%
October 31, 2022 77.44%
July 31, 2022 75.74%
April 30, 2022
Date Value
January 31, 2022 68.50%
October 31, 2021 64.17%
July 31, 2021 74.71%
April 30, 2021 90.96%
January 31, 2021 91.67%
October 31, 2020 97.07%
July 31, 2020 99.01%

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

64.17%
Minimum
Oct 2021
99.01%
Maximum
Jul 2020
80.28%
Average
76.59%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics