Aecom Technology Corporation (ACM)
Gross profit margin
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 1,084,340 | 945,465 | 847,974 | 798,421 | 709,560 |
Revenue | US$ in thousands | 16,105,500 | 14,378,500 | 13,148,200 | 13,340,900 | 13,240,000 |
Gross profit margin | 6.73% | 6.58% | 6.45% | 5.98% | 5.36% |
September 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,084,340K ÷ $16,105,500K
= 6.73%
The gross profit margin of Aecom Technology Corporation has shown a steady improvement over the last five years, increasing from 5.36% in Sep 30, 2020, to 6.73% in Sep 30, 2024. This indicates that the company has been able to effectively manage its cost of goods sold and generate more gross profit from its revenue. A higher gross profit margin implies that Aecom is able to retain a larger portion of its revenue after accounting for direct costs associated with the goods or services sold. This trend suggests improved operational efficiency and potentially stronger pricing power. Continued monitoring of the gross profit margin will be important to assess the company's ability to maintain profitability and competitiveness in its industry.
Peer comparison
Sep 30, 2024