Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
November 30, 2023 37.29%
August 31, 2023 37.59%
May 31, 2023 36.71%
February 28, 2023 34.64%
November 30, 2022 36.89%
August 31, 2022 37.14%
May 31, 2022 37.48%
February 28, 2022 36.57%
November 30, 2021 41.44%
August 31, 2021 40.20%
May 31, 2021 42.61%
February 28, 2021 39.14%
November 30, 2020 40.68%
Date Value
August 31, 2020 39.63%
May 31, 2020 41.20%
February 29, 2020 37.60%
November 30, 2019 40.88%
August 31, 2019 42.60%
May 31, 2019 40.62%
February 28, 2019 40.11%
November 30, 2018 42.93%
August 31, 2018 24.93%
May 31, 2018 47.82%
February 28, 2018 45.96%
November 30, 2017 49.50%

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

34.64%
Minimum
Feb 2023
42.61%
Maximum
May 2021
39.05%
Average
39.39%
Median

Gross Profit Margin (Quarterly) Benchmarks