Cencora Inc. (COR)
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 | 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 | 5,138,320 | 4,986,220 | 4,966,320 |
| Revenue (ttm) | US$ in thousands | 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 | 179,589,200 | 177,248,500 | 175,151,500 |
| Gross profit margin | 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% | 2.86% | 2.81% | 2.84% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $9,282,350K ÷ $271,579,300K
= 3.42%
The gross profit margin of Cencora Inc. has remained relatively stable over the past eight quarters, ranging from 3.41% to 3.59%. This indicates that the company has been successful in effectively managing its cost of goods sold and generating consistent gross profits relative to its revenue. However, the slight decrease in the margin from 3.55% in the second quarter of 2022 to 3.42% in the following quarters may suggest a potential decrease in efficiency in production or an increase in the cost of goods sold during that period. The company should continue to monitor its cost structure and pricing strategies to maintain or improve its gross profit margin in the future.
Peer comparison
Dec 31, 2023