Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2024 81.96%
April 30, 2024 81.63%
January 31, 2024 81.91%
October 31, 2023 80.87%
July 31, 2023 80.03%
April 30, 2023 79.13%
January 31, 2023 78.94%
October 31, 2022 78.52%
July 31, 2022 78.28%
April 30, 2022 77.92%
January 31, 2022 79.02%
October 31, 2021 79.66%
July 31, 2021 79.15%
April 30, 2021 77.30%
January 31, 2021 77.84%
Date Value
October 31, 2020 76.01%
July 31, 2020 79.15%
April 30, 2020 78.43%
January 31, 2020 80.07%
October 31, 2019 80.29%
July 31, 2019 80.41%
April 30, 2019 81.34%
January 31, 2019 81.46%
October 31, 2018 81.43%
July 31, 2018 80.76%
April 30, 2018 79.84%
January 31, 2018 81.36%
October 31, 2017 80.73%
July 31, 2017 79.84%
April 30, 2017 79.78%

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

76.01%
Minimum
Oct 2020
81.96%
Maximum
Jul 2024
79.25%
Average
79.13%
Median
Apr 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics