Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
August 31, 2024 21.52%
May 31, 2024 24.06%
February 29, 2024 27.68%
November 30, 2023 27.46%
August 31, 2023 29.99%
May 31, 2023 22.38%
February 28, 2023 31.73%
November 30, 2022 29.89%
August 31, 2022 24.28%
May 31, 2022 22.04%
February 28, 2022 23.14%
November 30, 2021 20.42%
August 31, 2021 15.37%
May 31, 2021 19.65%
February 28, 2021 21.96%
November 30, 2020 24.94%
August 31, 2020 24.53%
May 31, 2020 13.12%
February 29, 2020 26.72%
Date Value
November 30, 2019 27.97%
August 31, 2019 25.14%
May 31, 2019 24.97%
February 28, 2019 29.50%
November 30, 2018 27.32%
August 31, 2018 25.20%
May 31, 2018 25.34%
February 28, 2018 28.06%
November 30, 2017 25.25%
August 31, 2017 24.01%
May 31, 2017 23.10%
February 28, 2017 26.94%
November 30, 2016 25.15%
August 31, 2016 23.26%
May 31, 2016 22.75%
February 29, 2016 24.96%
November 30, 2015 21.86%
August 31, 2015 18.90%
May 31, 2015 20.92%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

13.12%
Minimum
May 2020
31.73%
Maximum
Feb 2023
23.94%
Average
24.17%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics