Carter’s Inc (CRI)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,365,170 | 1,395,940 | 1,472,360 | 1,662,270 | 1,313,440 |
| Revenue | US$ in thousands | 2,843,720 | 2,911,830 | 3,150,090 | 3,425,780 | 2,967,910 |
| Gross profit margin | 48.01% | 47.94% | 46.74% | 48.52% | 44.25% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,365,170K ÷ $2,843,720K
= 48.01%
Carter’s Inc has shown a positive trend in its gross profit margin over the past five years. The gross profit margin increased from 44.25% as of December 31, 2020, to 48.01% as of December 31, 2024. This improvement indicates that the company has been able to effectively manage its production costs and optimize its pricing strategies to enhance profitability. The average gross profit margin for this period stands at 47.09%.
The company experienced the highest gross profit margin of 48.52% as of December 31, 2021, and the lowest margin of 44.25% at the beginning of the analyzed period. Despite some fluctuations, the general trend demonstrates a commitment to maintaining healthy margins.
This consistent improvement in gross profit margin reflects positively on Carter’s efficiency in generating profit from its core operations. It also suggests that the company has been successful in controlling its production and manufacturing expenses while maximizing revenue from sales. Overall, the upward trajectory of Carter’s gross profit margin indicates a strong financial performance and effective management of cost structures.
Peer comparison
Dec 31, 2024