Consolidated Communications (CNSL)
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 | 746,255 | 773,453 | 821,387 | 930,425 | 836,131 | 852,735 | 882,941 | 906,345 | 1,049,297 | 1,036,841 | 1,050,061 | 1,064,157 | 1,079,387 | 1,094,898 | 1,094,171 | 1,085,395 | 1,092,794 | 1,116,209 | 1,117,323 | 1,133,913 |
Revenue (ttm) | US$ in thousands | 1,108,273 | 1,129,071 | 1,142,036 | 1,165,264 | 1,189,461 | 1,211,965 | 1,233,930 | 1,250,822 | 1,260,849 | 1,249,993 | 1,258,475 | 1,268,369 | 1,284,566 | 1,307,977 | 1,314,817 | 1,322,890 | 1,336,839 | 1,350,554 | 1,364,712 | 1,381,684 |
Gross profit margin | 67.33% | 68.50% | 71.92% | 79.85% | 70.29% | 70.36% | 71.56% | 72.46% | 83.22% | 82.95% | 83.44% | 83.90% | 84.03% | 83.71% | 83.22% | 82.05% | 81.74% | 82.65% | 81.87% | 82.07% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $746,255K ÷ $1,108,273K
= 67.33%
Consolidated Communications Holdings Inc's gross profit margin has shown a slight decline in the most recent quarters compared to the same period in the prior year. The company's gross profit margin fluctuated between 53.34% and 53.89% throughout 2023, showcasing consistency within a tight range. However, there has been a decrease from the levels seen in 2022, where the margin ranged from 54.11% to 55.35%. This decrease could indicate potential challenges in managing production costs or pricing strategies. Further analysis and comparison with industry benchmarks would be beneficial to gain a deeper understanding of the company's operational efficiency in generating profits from its core business activities.
Peer comparison
Dec 31, 2023