Maplebear Inc. (CART)
Gross profit margin
| 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 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,537,000 | 2,477,000 | 2,397,000 | 2,296,000 | 2,264,000 | 2,237,000 | 2,161,000 | 2,075,000 | 1,827,000 | 1,573,500 | 1,412,000 | 1,279,000 | 1,239,500 | 921,758 | 604,113 | 306,771 | 21,683 |
| Revenue (ttm) | US$ in thousands | 3,378,000 | 3,298,000 | 3,210,000 | 3,103,000 | 3,042,000 | 2,996,000 | 2,900,000 | 2,805,000 | 2,551,000 | 2,269,000 | 2,076,000 | 1,899,000 | 1,836,000 | 1,366,758 | 897,613 | 459,271 | 21,683 |
| Gross profit margin | 75.10% | 75.11% | 74.67% | 73.99% | 74.42% | 74.67% | 74.52% | 73.98% | 71.62% | 69.35% | 68.02% | 67.35% | 67.51% | 67.44% | 67.30% | 66.80% | 100.00% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,537,000K ÷ $3,378,000K
= 75.10%
Maplebear Inc.'s gross profit margin has shown a positive trend over the years, indicating an improvement in the company's ability to generate profits from its core business operations. The gross profit margin stood at 100.00% as of September 30, 2019, and gradually declined to 66.80% by March 31, 2021. However, since then, the gross profit margin has consistently increased, reaching 75.10% by December 31, 2024.
This upward trajectory suggests that Maplebear Inc. has been able to effectively manage its cost of goods sold while increasing its revenue, resulting in a higher percentage of revenue retained as gross profit. The company's improving gross profit margin reflects positively on its operational efficiency and pricing strategies, indicating a stronger financial performance and potentially increasing shareholder value.
Overall, Maplebear Inc.'s increasing gross profit margin over the years demonstrates a positive trend in the company's profitability and efficiency in generating profits from its core business activities.
Peer comparison
Dec 31, 2024