Boise Cascad Llc (BCC)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 709,460 | 1,220,230 | 1,024,780 | 374,554 | 185,323 |
| Revenue | US$ in thousands | 6,813,040 | 8,360,740 | 7,901,580 | 5,435,140 | 4,643,400 |
| Gross profit margin | 10.41% | 14.59% | 12.97% | 6.89% | 3.99% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $709,460K ÷ $6,813,040K
= 10.41%
Boise Cascade Co's gross profit margin has shown some fluctuations over the past five years, as indicated in the table provided. In 2023, the gross profit margin was 20.90%, lower than the previous year's margin of 22.83%. This decrease suggests a potential decline in the company's ability to generate profits from its sales after accounting for the cost of goods sold.
Comparing the 2023 margin to that of 2021, there was a slight improvement from 20.51% to 20.90%. However, it is worth noting that the margins in 2020 and 2019 were significantly higher at 100.00%, which may be attributed to exceptional circumstances or one-time events skewing the profitability metric.
Overall, a downward trend in the gross profit margin over the recent years could indicate various factors affecting the company's cost of goods sold, pricing strategies, or competitive pressures in the industry. Further analysis of the company's operational efficiency, pricing dynamics, and cost management practices may provide deeper insights into the underlying reasons for the fluctuations in the gross profit margin.
Peer comparison
Dec 31, 2023