Adtalem Global Education Inc (ATGE)

Gross profit margin

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 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
Gross profit (ttm) US$ in thousands 1,030,438 996,137 971,719 931,799 900,621 864,091 825,585 808,411 803,098 802,127 798,461 785,240 775,543 730,330 688,311 653,821 623,147 612,087 607,285 589,911
Revenue (ttm) US$ in thousands 1,788,290 1,741,091 1,687,694 1,633,207 1,584,652 1,539,386 1,495,810 1,465,870 1,451,584 1,448,174 1,444,715 1,452,611 1,446,379 1,365,522 1,280,553 1,192,466 1,112,380 1,091,735 1,082,568 1,065,629
Gross profit margin 57.62% 57.21% 57.58% 57.05% 56.83% 56.13% 55.19% 55.15% 55.33% 55.39% 55.27% 54.06% 53.62% 53.48% 53.75% 54.83% 56.02% 56.07% 56.10% 55.36%

June 30, 2025 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,030,438K ÷ $1,788,290K
= 57.62%

The gross profit margin of Adtalem Global Education Inc has demonstrated a generally stable and slightly upward trajectory over the analyzed period. Starting at 55.36% as of September 30, 2020, the margin experienced minor fluctuations but maintained a predominantly consistent level throughout the subsequent periods. Notably, the margin dipped slightly during late 2021, reaching a low of approximately 53.75% in December 2021 and revisiting similar levels thereafter. However, from mid-2022 onward, a gradual and steady increase is observable, culminating in margins exceeding 57% by September 2024 and projected to sustain at similar levels into mid-2025.

This pattern suggests that the company has been able to maintain a relatively high gross profit margin, indicative of stable pricing strategies, efficient cost management, and potentially favorable revenue mix. The recent upward trend may reflect improvements in operational efficiency, enhanced pricing power, or shifts towards higher-margin offerings. Overall, the gross profit margin exhibits resilience and incremental growth, underscoring the company's capacity to sustain profitability at the gross level amid a dynamic market environment.