Cencora Inc. (COR)
Gross profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 9,910,030 | 9,671,060 | 9,524,930 | 9,282,350 | 8,959,490 | 8,691,600 | 8,442,320 | 8,381,960 | 8,296,370 | 8,380,220 | 8,253,060 | 7,551,360 | 6,943,230 | 6,220,670 | 5,558,180 | 5,412,910 | 5,191,890 | 5,029,780 | 5,035,300 | 5,071,950 |
| Revenue (ttm) | US$ in thousands | 293,958,600 | 283,830,800 | 276,536,400 | 271,579,300 | 262,173,300 | 254,425,100 | 247,542,700 | 241,804,900 | 238,586,900 | 236,325,200 | 229,666,300 | 221,101,100 | 213,988,900 | 204,321,300 | 196,282,400 | 194,545,800 | 189,893,900 | 186,286,900 | 186,159,400 | 182,061,400 |
| Gross profit margin | 3.37% | 3.41% | 3.44% | 3.42% | 3.42% | 3.42% | 3.41% | 3.47% | 3.48% | 3.55% | 3.59% | 3.42% | 3.24% | 3.04% | 2.83% | 2.78% | 2.73% | 2.70% | 2.70% | 2.79% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $9,910,030K ÷ $293,958,600K
= 3.37%
The gross profit margin of Cencora Inc. has been relatively stable over the period analyzed, ranging between 2.70% to 3.59%. The trend shows a slight increase from 2.70% in December 2019 to 3.59% in June 2022, after which it fluctuated within the range. In the latest period, ending September 2024, the gross profit margin stood at 3.37%.
Overall, the gross profit margin reflects the company's ability to generate profits from its core business activities after accounting for the cost of goods sold. While the margins have shown some variability, they have generally been maintained above 3%, indicating that the company has been able to effectively manage its production costs relative to its revenue. Further analysis of the factors influencing the gross profit margin could provide insights into the company's operational efficiency and pricing strategies.
Peer comparison
Sep 30, 2024