Capri Holdings Ltd (CPRI)

Gross profit margin

Mar 31, 2025 Dec 31, 2024 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
Gross profit (ttm) US$ in thousands 2,149,000 2,862,000 2,978,000 3,116,000 3,285,000 3,430,000 3,507,000 3,626,000 3,715,000 3,813,000 3,856,000 3,789,000 3,744,000 3,525,000 3,325,000 3,151,000 2,597,000 2,491,000 2,575,000 2,739,000
Revenue (ttm) US$ in thousands 3,407,000 4,630,000 4,796,000 5,008,000 5,170,000 5,282,000 5,367,000 5,488,000 5,619,000 5,776,000 5,873,000 5,761,000 5,654,000 5,359,000 5,052,000 4,862,000 4,060,000 4,055,000 4,324,000 4,656,000
Gross profit margin 63.08% 61.81% 62.09% 62.22% 63.54% 64.94% 65.34% 66.07% 66.11% 66.01% 65.66% 65.77% 66.22% 65.78% 65.82% 64.81% 63.97% 61.43% 59.55% 58.83%

March 31, 2025 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,149,000K ÷ $3,407,000K
= 63.08%

The gross profit margin of Capri Holdings Ltd has shown a general upwards trend over the past few years, reflecting improved efficiency in generating revenue after accounting for the cost of goods sold.

From June 30, 2020, to March 31, 2025, the gross profit margin has increased from 58.83% to 63.08%, reaching its peak at 66.22% on March 31, 2022. This indicates that the company has been able to enhance its profitability by effectively managing its production costs and pricing strategies.

However, there has been some fluctuation in the margins in the most recent quarters, with a slight decline observed from June 30, 2023, to December 31, 2024, followed by a slight increase in the most recent quarter ending March 31, 2025.

Overall, the improving trend of the gross profit margin signifies that Capri Holdings Ltd has been successful in controlling its production costs and increasing the mark-up on its products. This positive trend is indicative of the company's ability to drive operational efficiency and potentially enhance shareholder value in the long run.


Peer comparison

Mar 31, 2025

Company name
Symbol
Gross profit margin
Capri Holdings Ltd
CPRI
63.08%
Tapestry Inc
TPR
73.29%