Columbia Sportswear Company (COLM)

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	1,729,932	1,783,718	1,762,016	1,732,131	1,711,078	1,711,278	1,661,143	1,669,500	1,612,455	1,485,316	1,419,864	1,273,577	1,223,889	1,239,507	1,343,294	1,450,655	1,515,670	1,511,601	1,448,609	1,423,639
Revenue (ttm)	US$ in thousands	3,508,867	3,617,807	3,586,986	3,545,274	3,486,171	3,445,691	3,294,837	3,281,517	3,141,308	2,921,771	2,812,935	2,558,932	2,501,554	2,540,798	2,746,499	2,956,098	3,042,478	3,005,209	2,894,217	2,849,626
Gross profit margin		49.30%	49.30%	49.12%	48.86%	49.08%	49.66%	50.42%	50.88%	51.33%	50.84%	50.48%	49.77%	48.93%	48.78%	48.91%	49.07%	49.82%	50.30%	50.05%	49.96%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,729,932K ÷ $3,508,867K
= 49.30%

The gross profit margin of Columbia Sportswear Co. has shown a decreasing trend over the past eight quarters. It decreased from 51.18% in Q1 2022 to 49.61% in Q4 2023. This decline could indicate potential challenges in managing production costs, pricing strategies, or competitive pressures impacting the company's profitability. It is essential for the company to closely monitor and analyze factors influencing the gross profit margin to make informed decisions and improve overall financial performance.