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