Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2024 74.52%
April 30, 2024 73.10%
January 31, 2024 72.29%
October 31, 2023 73.34%
July 31, 2023 70.11%
April 30, 2023 68.08%
January 31, 2023 68.46%
October 31, 2022 64.44%
July 31, 2022 64.63%
Date Value
April 30, 2022 65.32%
January 31, 2022 63.06%
October 31, 2021 63.66%
July 31, 2021 58.93%
April 30, 2021 51.11%
January 31, 2021 53.68%
October 31, 2020 57.89%
July 31, 2020 63.51%
April 30, 2020 57.60%

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

51.11%
Minimum
Apr 2021
74.52%
Maximum
Jul 2024
64.65%
Average
64.53%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics