Capri Holdings Ltd (CPRI)

Gross profit margin

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 Sep 30, 2019 Jun 30, 2019
Gross profit (ttm) US$ in thousands 3,339,000 3,439,000 3,516,000 3,635,000 3,724,000 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 3,271,000 3,433,000 3,374,000 3,263,000
Revenue (ttm) US$ in thousands 5,134,000 5,231,000 5,306,000 5,434,000 5,594,000 5,774,000 5,891,000 5,773,000 5,664,000 5,377,000 5,061,000 4,857,000 4,043,000 4,036,000 4,302,000 4,640,000 5,533,000 5,685,000 5,500,700 5,278,600
Gross profit margin 65.04% 65.74% 66.26% 66.89% 66.57% 66.04% 65.46% 65.63% 66.10% 65.56% 65.70% 64.88% 64.23% 61.72% 59.86% 59.03% 59.12% 60.39% 61.34% 61.82%

March 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,339,000K ÷ $5,134,000K
= 65.04%

Capri Holdings Ltd has exhibited fluctuations in its gross profit margin over the periods under review. The gross profit margin has ranged from a low of 59.03% to a high of 66.89%. Overall, the trend shows some variability, but in general, the company has maintained a relatively healthy gross profit margin, averaging around 64-66% during the periods examined. This indicates that Capri Holdings has been effective in managing its production costs and pricing strategies to generate a consistent level of profitability from its sales. Factors such as cost control measures, pricing strategies, and product mix may have influenced the changes in the gross profit margin over time.


Peer comparison

Mar 31, 2024

Company name
Symbol
Gross profit margin
Capri Holdings Ltd
CPRI
65.04%
Tapestry Inc
TPR
73.29%