Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2024 67.87%
April 30, 2024 66.39%
January 31, 2024 66.56%
October 31, 2023 66.23%
July 31, 2023 64.70%
April 30, 2023 63.03%
January 31, 2023 63.49%
October 31, 2022 62.61%
July 31, 2022 59.59%
April 30, 2022 58.10%
January 31, 2022 61.47%
October 31, 2021 62.28%
July 31, 2021 61.42%
Date Value
April 30, 2021 62.19%
January 31, 2021 64.64%
October 31, 2020 63.60%
July 31, 2020 65.67%
April 30, 2020 65.32%
January 31, 2020 65.95%
October 31, 2019 65.62%
July 31, 2019 63.30%
April 30, 2019 61.34%
January 31, 2019 62.03%
October 31, 2018 62.85%
July 31, 2018 63.96%
April 30, 2018 63.08%

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

58.10%
Minimum
Apr 2022
67.87%
Maximum
Jul 2024
63.74%
Average
63.60%
Median
Oct 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics