Columbia Sportswear Company (COLM)
Gross profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 1,691,080 | 1,729,930 | 1,711,080 | 1,612,460 | 1,223,890 |
Revenue | US$ in thousands | 3,368,580 | 3,487,200 | 3,464,150 | 3,126,400 | 2,501,550 |
Gross profit margin | 50.20% | 49.61% | 49.39% | 51.58% | 48.93% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,691,080K ÷ $3,368,580K
= 50.20%
The gross profit margin of Columbia Sportswear Company has demonstrated a positive trend over the last few years. In 2020, the gross profit margin stood at 48.93%, which increased to 51.58% by December 31, 2021, indicating improved efficiency in cost management and pricing strategies. Despite a slight decline in 2022 to 49.39%, the company was able to maintain a relatively stable margin. Subsequently, we observed a marginal increase in 2023 and further improvement in 2024, with the gross profit margin reaching 50.20%. Overall, Columbia Sportswear Company's gross profit margin has shown resilience and a positive trajectory, reflecting effective control over production costs and enhanced profitability.
Peer comparison
Dec 31, 2024