Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
May 31, 2023 58.20%
February 28, 2023 51.05%
November 30, 2022 68.66%
August 31, 2022 61.79%
Date Value
May 31, 2022 56.68%
February 28, 2022 52.57%
November 30, 2021 52.36%

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

51.05%
Minimum
Feb 2023
68.66%
Maximum
Nov 2022
57.33%
Average
56.68%
Median
May 2022

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