Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2024 38.11%
April 30, 2024 37.84%
January 31, 2024 36.21%
October 31, 2023 36.81%
July 31, 2023 38.74%
April 30, 2023 38.85%
January 31, 2023 39.75%
October 31, 2022 39.81%
July 31, 2022 40.15%
April 30, 2022 41.17%
Date Value
January 31, 2022 41.97%
October 31, 2021 41.21%
July 31, 2021 41.78%
April 30, 2021 42.19%
January 31, 2021 42.56%
October 31, 2020 42.97%
July 31, 2020 43.82%
April 30, 2020 41.87%
January 31, 2020 43.35%

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

36.21%
Minimum
Jan 2024
43.82%
Maximum
Jul 2020
40.48%
Average
41.17%
Median
Apr 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics