ACI Worldwide Inc (ACIW)

Gross profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Gross profit	US$ in thousands	669,097	2,145,540	2,068,790	1,921,320	1,848,100
Revenue	US$ in thousands	1,388,310	2,841,610	2,707,660	2,543,780	2,465,550
Gross profit margin		48.20%	75.50%	76.41%	75.53%	74.96%

December 31, 2023 calculation

Gross profit margin = Gross profit ÷ Revenue
= $669,097K ÷ $1,388,310K
= 48.20%

The gross profit margin of ACI Worldwide Inc has shown some fluctuations over the past five years. The company's gross profit margin was 50.93% in 2019, increased to 51.91% in 2020, and then dipped to 53.39% in 2021, only to decrease further to 51.05% in 2022, and finally settled at 50.49% in 2023.

Overall, ACI Worldwide Inc's gross profit margin has been relatively stable, with the margins staying within a narrow range of around 50% to 54% over the five-year period. This indicates that the company has been able to effectively manage its production costs and maintain a consistent level of profitability from its core operations. However, the slight downward trend in the most recent years may warrant further attention to ensure continued efficiency in cost management and pricing strategies.