Capri Holdings Ltd (CPRI)
Gross profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 3,339,000 | 3,724,000 | 3,744,000 | 2,597,000 | 3,271,000 |
| Revenue | US$ in thousands | 5,134,000 | 5,594,000 | 5,664,000 | 4,043,000 | 5,528,000 |
| Gross profit margin | 65.04% | 66.57% | 66.10% | 64.23% | 59.17% |
March 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $3,339,000K ÷ $5,134,000K
= 65.04%
Capri Holdings Ltd has experienced fluctuating gross profit margins over the past five years. The company's gross profit margin stood at 65.04% as of March 31, 2024, showing a slight decrease from the previous year. Despite this marginal decline, the gross profit margin remains at a relatively high level compared to historical performance. The company achieved its highest gross profit margin of 66.57% in March 2023, indicating strong revenue generation relative to the cost of goods sold. However, in March 2020, the gross profit margin was notably lower at 59.17%, suggesting potential challenges in managing production costs or pricing strategies at that time. Overall, the trend in Capri Holdings Ltd's gross profit margin reflects some variability, highlighting the importance of monitoring and managing cost efficiency and pricing strategies to support profitability.
Peer comparison
Mar 31, 2024