Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2024 54.21%
April 30, 2024 55.25%
January 31, 2024 53.88%
October 31, 2023 54.52%
July 31, 2023 55.67%
April 30, 2023 56.59%
January 31, 2023 56.24%
October 31, 2022 57.25%
July 31, 2022 58.49%
April 30, 2022 59.16%
January 31, 2022 58.67%
October 31, 2021 57.67%
July 31, 2021 56.62%
April 30, 2021 55.05%
January 31, 2021 56.52%
October 31, 2020 54.43%
July 31, 2020 51.23%
April 30, 2020 45.78%
January 31, 2020 52.68%
October 31, 2019 53.53%
July 31, 2019 54.08%
April 30, 2019 53.82%
January 31, 2019 55.49%
October 31, 2018 54.25%
July 31, 2018 54.02%
Date Value
April 30, 2018 53.11%
January 31, 2018 52.77%
October 31, 2017 54.57%
July 31, 2017 51.35%
April 30, 2017 49.50%
January 31, 2017 49.46%
October 31, 2016 54.81%
July 31, 2016 54.86%
April 30, 2016 53.76%
January 31, 2016 52.60%
October 31, 2015 53.92%
July 31, 2015 54.30%
April 30, 2015 51.84%
January 31, 2015 50.32%
October 31, 2014 52.95%
July 31, 2014 54.05%
April 30, 2014 53.88%
January 31, 2014 52.36%
October 31, 2013 53.39%
July 31, 2013 54.10%
April 30, 2013 54.47%
January 31, 2013 50.71%
October 31, 2012 56.44%
July 31, 2012 55.71%
April 30, 2012 56.94%

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

45.78%
Minimum
Apr 2020
59.16%
Maximum
Apr 2022
55.26%
Average
55.67%
Median
Jul 2023

Gross Profit Margin (Quarterly) Benchmarks