Columbia Sportswear Company (COLM)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,729,930 | 1,711,080 | 1,612,460 | 1,223,890 | 1,515,670 |
| Revenue | US$ in thousands | 3,508,870 | 3,486,170 | 3,144,770 | 2,501,550 | 3,042,480 |
| Gross profit margin | 49.30% | 49.08% | 51.27% | 48.93% | 49.82% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,729,930K ÷ $3,508,870K
= 49.30%
From 2019 to 2023, Columbia Sportswear Co.'s gross profit margin has fluctuated within a relatively narrow range, with the highest margin of 51.58% in 2021 and the lowest of 48.93% in 2020. The margin increased slightly in 2023 to 49.61% from 49.39% in 2022. This indicates the company's ability to control production costs and generate profits from its core operations. The consistent gross profit margin levels suggest that the company has maintained relatively stable pricing strategies and effective cost management over the years. Overall, Columbia Sportswear Co. has demonstrated resilience in maintaining healthy gross profit margins, which is essential for sustainable business growth.
Peer comparison
Dec 31, 2023