Cencora Inc. (COR)

Gross profit margin

Sep 30, 2024 Sep 30, 2023 Sep 30, 2022 Sep 30, 2021 Sep 30, 2020
Gross profit US$ in thousands 9,910,030 8,959,490 8,296,370 6,943,230 5,191,880
Revenue US$ in thousands 293,959,000 262,173,000 238,587,000 213,989,000 189,894,000
Gross profit margin 3.37% 3.42% 3.48% 3.24% 2.73%

September 30, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $9,910,030K ÷ $293,959,000K
= 3.37%

The gross profit margin of Cencora Inc. has shown a fluctuating trend over the past five years, ranging between 2.73% in 2020 to 3.48% in 2022. In the most recent period, as of September 30, 2024, the company reported a gross profit margin of 3.37%. While there has been some variability in the margin, overall, Cencora Inc. has managed to maintain a relatively stable gross profit margin over the years. It is important to further investigate the factors contributing to these fluctuations to assess the company's pricing strategies, cost management, and overall operational efficiency.


Peer comparison

Sep 30, 2024

Company name
Symbol
Gross profit margin
Cencora Inc.
COR
3.37%
Cardinal Health Inc
CAH
3.27%
McKesson Corporation
MCK
4.16%