Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2023 46.58%
April 30, 2023 45.17%
January 31, 2023 44.99%
October 31, 2022 44.93%
July 31, 2022 45.15%
April 30, 2022 44.54%
Date Value
January 31, 2022 44.44%
October 31, 2021 45.71%
July 31, 2021 46.96%
April 30, 2021 48.20%
January 31, 2021 47.31%

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

44.44%
Minimum
Jan 2022
48.20%
Maximum
Apr 2021
45.82%
Average
45.17%
Median
Apr 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics