Dick’s Sporting Goods Inc (DKS)
Gross profit margin
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 4,825,700 | 4,533,740 | 4,545,740 | 4,284,560 | 4,284,560 |
| Revenue | US$ in thousands | 13,442,800 | 13,017,800 | 12,984,400 | 12,368,200 | 12,284,800 |
| Gross profit margin | 35.90% | 34.83% | 35.01% | 34.64% | 34.88% |
January 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $4,825,700K ÷ $13,442,800K
= 35.90%
Based on the data provided, Dick’s Sporting Goods Inc has shown a relatively stable gross profit margin over the past few years, with fluctuations within a narrow range. The gross profit margin for the company was 34.88% as of January 28, 2023, slightly decreasing to 34.64% on January 31, 2023. However, there was a slight improvement in the margin to 35.01% by January 31, 2024, before dipping back to 34.83% on February 3, 2024. The most significant increase was observed on January 31, 2025, with a gross profit margin of 35.90%.
Overall, the trend suggests that Dick’s Sporting Goods Inc has been able to maintain a relatively consistent level of profitability from its core operations over the years, with a slight improvement noted in the most recent year. It will be important for the company to continue monitoring and managing its cost of goods sold and pricing strategies to sustain and potentially improve its gross profit margin in the future.
Peer comparison
Jan 31, 2025