Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
July 31, 2024 75.48%
April 30, 2024 76.05%
January 31, 2024 75.90%
October 31, 2023 76.16%
July 31, 2023 76.59%
April 30, 2023 76.12%
January 31, 2023 73.67%
October 31, 2022 75.44%
July 31, 2022 75.11%
April 30, 2022 75.62%
January 31, 2022 75.98%
October 31, 2021 74.21%
July 31, 2021 74.42%
Date Value
April 30, 2021 72.29%
January 31, 2021 69.71%
October 31, 2020 66.71%
July 31, 2020 71.02%
April 30, 2020 68.40%
January 31, 2020 82.71%
October 31, 2019 81.48%
July 31, 2019 80.87%
April 30, 2019 80.24%
January 31, 2019 81.55%
October 31, 2018 81.31%
July 31, 2018 82.59%
April 30, 2018 80.59%

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

66.71%
Minimum
Oct 2020
82.71%
Maximum
Jan 2020
74.29%
Average
75.44%
Median
Oct 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics