Chuy's Holdings Inc (CHUY)

Gross profit margin

		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	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	160,950	154,825	150,738	145,435	140,912	143,812	143,091	146,816	143,457	134,836	128,417	111,837	90,245	159,812	157,909	168,653	190,018	191,121	183,430	253,260
Revenue (ttm)	US$ in thousands	461,310	449,064	442,282	434,227	422,215	416,779	412,036	409,243	396,467	376,510	356,603	314,162	320,952	344,276	371,326	418,746	426,357	421,160	413,253	406,461
Gross profit margin		34.89%	34.48%	34.08%	33.49%	33.37%	34.51%	34.73%	35.88%	36.18%	35.81%	36.01%	35.60%	28.12%	46.42%	42.53%	40.28%	44.57%	45.38%	44.39%	62.31%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $160,950K ÷ $461,310K
= 34.89%

Chuy`s Holdings Inc has maintained a relatively stable gross profit margin over the past eight quarters, with values ranging from 72.79% to 74.88%. The highest gross profit margin was recorded in Q4 2023, at 74.88%, while the lowest was in Q4 2022, at 72.79%. Overall, the company's gross profit margin has shown resilience, staying above 72% consistently. This indicates that Chuy`s Holdings Inc has been effectively managing its production costs and generating healthy profits from its core business activities.