CSG Systems International Inc (CSGS)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 582,785 | 554,216 | 524,584 | 503,276 | 454,936 |
| Revenue | US$ in thousands | 1,197,250 | 1,169,260 | 1,089,750 | 1,046,490 | 990,533 |
| Gross profit margin | 48.68% | 47.40% | 48.14% | 48.09% | 45.93% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $582,785K ÷ $1,197,250K
= 48.68%
Based on the data provided, the gross profit margin of CSG Systems International Inc has shown a generally increasing trend over the past five years. The gross profit margin was 45.93% as of December 31, 2020, and improved to 48.09% by December 31, 2021. This positive trend continued as the margin increased slightly to 48.14% by December 31, 2022.
However, there was a slight dip in the gross profit margin to 47.40% by December 31, 2023, before rebounding strongly to 48.68% by December 31, 2024. This improvement in the latest year indicates that the company has been successful in managing its cost of goods sold and enhancing its profitability as a result.
Overall, the increasing trend in the gross profit margin demonstrates that CSG Systems International Inc has been effectively managing its production costs and generating more revenue from its core operations, which is a positive sign for the company's financial performance and efficiency.
Peer comparison
Dec 31, 2024