Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
May 31, 2024 23.71%
February 29, 2024 23.46%
November 30, 2023 28.59%
August 31, 2023 26.51%
May 31, 2023 22.63%
February 28, 2023 27.86%
November 30, 2022 27.28%
August 31, 2022 27.38%
May 31, 2022 27.71%
February 28, 2022 26.70%
November 30, 2021 24.92%
August 31, 2021 25.90%
May 31, 2021 21.15%
February 28, 2021 25.41%
Date Value
November 30, 2020 28.29%
August 31, 2020 29.50%
May 31, 2020 24.29%
February 29, 2020 31.05%
November 30, 2019 23.05%
August 31, 2019 24.96%
May 31, 2019 23.09%
February 28, 2019 27.62%
November 30, 2018 23.60%
August 31, 2018 27.48%
May 31, 2018 24.77%
February 28, 2018 24.49%
November 30, 2017 23.43%
August 31, 2017 31.11%

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

21.15%
Minimum
May 2021
31.05%
Maximum
Feb 2020
26.07%
Average
26.51%
Median
Aug 2023

Gross Profit Margin (Quarterly) Benchmarks

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