Broadridge Financial Solutions Inc (BR)
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 | 2,136,900 | 2,058,400 | 2,021,800 | 1,926,200 | 1,934,100 | 1,922,700 | 1,891,500 | 1,848,400 | 1,785,500 | 1,681,700 | 1,629,800 | 1,606,300 | 1,592,200 | 1,531,000 | 1,504,200 | 1,471,400 | 1,422,900 | 1,385,700 | 1,333,800 | 1,273,200 |
| Revenue (ttm) | US$ in thousands | 6,889,200 | 6,768,100 | 6,682,900 | 6,498,700 | 6,506,900 | 6,401,600 | 6,320,800 | 6,208,700 | 6,060,900 | 5,944,800 | 5,832,800 | 5,799,500 | 5,709,100 | 5,517,800 | 5,373,900 | 5,169,200 | 4,993,700 | 4,824,000 | 4,684,100 | 4,597,900 |
| Gross profit margin | 31.02% | 30.41% | 30.25% | 29.64% | 29.72% | 30.03% | 29.93% | 29.77% | 29.46% | 28.29% | 27.94% | 27.70% | 27.89% | 27.75% | 27.99% | 28.46% | 28.49% | 28.73% | 28.48% | 27.69% |
June 30, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,136,900K ÷ $6,889,200K
= 31.02%
The gross profit margin of Broadridge Financial Solutions Inc. has demonstrated a general upward trend over the analyzed period, reflecting improving profitability at the core operational level. Beginning at 27.69% as of September 30, 2020, the margin experienced slight fluctuations but maintained an overall positive trajectory, reaching approximately 30.41% by March 2025.
During the initial years, the gross margin hovered in the mid- to high 27% range, with minor declines observed in some quarters—such as the decrease from 28.73% in March 2021 to 27.99% in December 2021. Despite these fluctuations, the overall stability suggests consistent operational efficiency.
Post-2022, the gross margin showed signs of steady improvement. Notably, from around 27.70% in September 2022, it gradually increased, reaching 29.77% in September 2023, and further advancing to approximately 30.25% by the end of 2024. The expansion continues into 2025, with the margin climbing to 31.02% as of June 2025.
This sustained increase indicates that Broadridge has been successful in enhancing its gross profitability, potentially due to better cost management, increased revenue from higher-margin services, or pricing strategies that favor increased gross margins. The upward trend signals a strengthening of the company's core financial performance over the analyzed period, reflecting efficient operations and possibly favorable market conditions or strategic initiatives that have contributed to margin expansion.
Peer comparison
Jun 30, 2025