Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2024 59.27%
April 30, 2024 60.04%
January 31, 2024 60.22%
October 31, 2023 60.62%
July 31, 2023 59.02%
April 30, 2023 59.37%
January 31, 2023 58.85%
October 31, 2022 59.01%
July 31, 2022 58.62%
April 30, 2022 57.22%
January 31, 2022 58.26%
Date Value
October 31, 2021 61.09%
July 31, 2021 60.05%
April 30, 2021 57.82%
January 31, 2021 57.29%
October 31, 2020 58.48%
July 31, 2020 53.68%
April 30, 2020 57.81%
January 31, 2020 52.28%
October 31, 2019 55.39%
July 31, 2019 53.81%
April 30, 2019 52.95%

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

52.28%
Minimum
Jan 2020
61.09%
Maximum
Oct 2021
58.37%
Average
58.85%
Median
Jan 2023

Gross Profit Margin (Quarterly) Benchmarks

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