CACI International Inc (CACI)

Gross profit margin

		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	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Gross profit (ttm)	US$ in thousands	650,074	496,184	474,012	479,151	483,983	467,974	452,782	454,955	454,976	1,910,001	2,336,542	2,736,023	3,129,110	3,060,690	2,617,560	2,200,892	1,774,984	1,653,284	1,635,043	1,631,974
Revenue (ttm)	US$ in thousands	7,660,210	7,220,080	7,030,990	6,854,040	6,619,030	6,571,140	6,425,340	6,270,640	6,161,570	6,094,170	6,062,320	6,047,260	6,016,410	5,947,990	5,856,550	5,778,030	5,675,420	5,553,720	5,353,600	5,144,630
Gross profit margin		8.49%	6.87%	6.74%	6.99%	7.31%	7.12%	7.05%	7.26%	7.38%	31.34%	38.54%	45.24%	52.01%	51.46%	44.69%	38.09%	31.27%	29.77%	30.54%	31.72%

June 30, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $650,074K ÷ $7,660,210K
= 8.49%

CACI International Inc's gross profit margin has shown fluctuation over the past few quarters. The company experienced a significant decline in gross profit margin from 31.34% in March 2022 to 6.74% in December 2023. This abrupt decrease indicates a significant decline in the company's ability to generate profits from its core operations during that period.

However, there was a slight improvement in the gross profit margin in the most recent quarter, reaching 8.49% in June 2024. This suggests a positive trend in the company's ability to control its production costs and improve its profitability compared to the previous quarters.

Overall, CACI International Inc's gross profit margin has shown volatility, with periods of both decline and improvement. It is essential for the company to maintain a consistent and sustainable gross profit margin to ensure long-term profitability and financial stability.