ANSYS Inc (ANSS)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,264,990 | 1,998,650 | 1,814,910 | 1,648,730 | 1,456,030 |
| Revenue | US$ in thousands | 2,544,810 | 2,269,950 | 2,065,550 | 1,906,720 | 1,681,300 |
| Gross profit margin | 89.00% | 88.05% | 87.87% | 86.47% | 86.60% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,264,990K ÷ $2,544,810K
= 89.00%
The gross profit margin of ANSYS Inc has shown a generally positive trend over the years, steadily increasing from 86.60% as of December 31, 2020, to 89.00% as of December 31, 2024. This indicates that the company has been effectively managing its production costs and pricing strategies, resulting in a higher percentage of revenue retained after accounting for the cost of goods sold. The consistent improvement in gross profit margin reflects ANSYS Inc's ability to generate more profitability from its core operations, which is a positive sign for investors and stakeholders. Overall, the increasing gross profit margin demonstrates the company's efficiency in generating profits from its sales.
Peer comparison
Dec 31, 2024