Builders FirstSource Inc (BLDR)
Gross profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 5,383,040 | 6,012,330 | 7,744,380 | 5,850,960 | 2,222,580 |
Revenue | US$ in thousands | 16,400,500 | 17,097,300 | 22,726,400 | 19,893,900 | 8,558,870 |
Gross profit margin | 32.82% | 35.17% | 34.08% | 29.41% | 25.97% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $5,383,040K ÷ $16,400,500K
= 32.82%
The gross profit margin of Builders FirstSource Inc has demonstrated a positive trend over the years, increasing from 25.97% as of December 31, 2020, to 32.82% as of December 31, 2024. This indicates that the company has been able to improve its efficiency in generating profits from its sales after accounting for the cost of goods sold. The gradual upward trajectory in the gross profit margin suggests that the company may have implemented effective cost control measures or achieved better pricing strategies. However, the slight dip in the margin in 2024 compared to the previous year should be further investigated to understand the underlying reasons behind this fluctuation. Overall, the improving trend in the gross profit margin reflects positively on the company's operational performance and profitability.
Peer comparison
Dec 31, 2024