Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2024 73.17%
April 30, 2024 72.77%
January 31, 2024 74.97%
October 31, 2023 75.27%
July 31, 2023 75.14%
April 30, 2023 73.54%
January 31, 2023 75.32%
October 31, 2022 71.93%
July 31, 2022 70.93%
April 30, 2022 72.60%
January 31, 2022 71.56%
October 31, 2021 69.83%
July 31, 2021 69.46%
April 30, 2021 69.98%
January 31, 2021 70.18%
October 31, 2020 69.42%
Date Value
July 31, 2020 69.41%
April 30, 2020 71.09%
January 31, 2020 71.83%
October 31, 2019 70.59%
July 31, 2019 69.61%
April 30, 2019 68.48%
January 31, 2019 70.09%
October 31, 2018 75.26%
July 31, 2018 72.33%
April 30, 2018 72.58%
January 31, 2018 78.07%
October 31, 2017 73.32%
July 31, 2017 71.38%
April 30, 2017 71.60%
January 31, 2017 80.76%
October 31, 2016 72.56%

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

69.41%
Minimum
Jul 2020
75.32%
Maximum
Jan 2023
72.02%
Average
71.83%
Median
Jan 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics