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%