Aecom Technology Corporation (ACM)
Gross profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,084,341 | 1,042,453 | 1,007,487 | 974,407 | 945,425 | 910,460 | 880,932 | 862,790 | 848,006 | 847,906 | 828,956 | 814,204 | 798,400 | 771,100 | 754,600 | 728,200 | 709,600 | 709,400 | 678,100 | 654,100 |
| Revenue (ttm) | US$ in thousands | 16,105,490 | 15,837,340 | 15,349,640 | 14,895,980 | 14,378,420 | 13,962,180 | 13,540,330 | 13,263,820 | 13,148,180 | 13,075,880 | 13,242,580 | 13,294,420 | 13,340,900 | 13,556,100 | 13,337,400 | 13,317,600 | 13,240,000 | 13,184,400 | 13,354,900 | 13,521,800 |
| Gross profit margin | 6.73% | 6.58% | 6.56% | 6.54% | 6.58% | 6.52% | 6.51% | 6.50% | 6.45% | 6.48% | 6.26% | 6.12% | 5.98% | 5.69% | 5.66% | 5.47% | 5.36% | 5.38% | 5.08% | 4.84% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,084,341K ÷ $16,105,490K
= 6.73%
Aecom Technology Corporation's gross profit margin has exhibited a relatively stable trend over the past several quarters, ranging between 4.84% to 6.73%. The company has shown a gradual improvement in its gross profit margin from 4.84% in December 2019 to 6.73% in September 2024. This indicates that Aecom has been able to effectively manage its cost of goods sold and improve its efficiency in generating revenue.
Although the margins fluctuate slightly each quarter, the overall trend shows a positive direction, reflecting the company's ability to maintain healthy profitability levels in its operations. It is essential for Aecom to continue monitoring and managing its cost structure to sustain and potentially further enhance its gross profit margin in the future.
Peer comparison
Sep 30, 2024