Dick’s Sporting Goods Inc (DKS)

Gross profit margin

Feb 3, 2024 Oct 28, 2023 Jul 29, 2023 Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019
Gross profit (ttm) US$ in thousands 4,533,740 4,365,600 4,316,560 4,328,460 4,284,554 4,378,124 4,422,284 4,607,984 4,711,900 4,504,620 4,290,214 3,920,009 3,050,707 2,731,413 2,469,881 2,210,077 2,554,558 2,516,101 2,459,013 2,441,223
Revenue (ttm) US$ in thousands 13,017,810 12,654,970 12,559,680 12,437,340 12,284,760 12,041,110 11,842,240 12,016,360 12,247,140 12,023,010 11,688,490 11,126,140 9,545,980 9,032,850 8,595,710 8,156,230 8,751,730 8,634,180 8,529,250 8,447,530
Gross profit margin 34.83% 34.50% 34.37% 34.80% 34.88% 36.36% 37.34% 38.35% 38.47% 37.47% 36.70% 35.23% 31.96% 30.24% 28.73% 27.10% 29.19% 29.14% 28.83% 28.90%

February 3, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,533,740K ÷ $13,017,810K
= 34.83%

The gross profit margin of Dick’s Sporting Goods Inc has shown a generally stable trend over the past few quarters, ranging from 27.10% to 38.47%. The margins have ranged in the mid to high 30s percentages, with a peak of 38.47% in Jan 29, 2022, and a low of 27.10% in May 2, 2020. Overall, the trend suggests that the company has been able to maintain a consistent level of gross profitability in relation to its revenue during the periods analyzed. It is important for the company to continue monitoring and managing its cost of goods sold and pricing strategy to sustain healthy profit margins in the long term.


Peer comparison

Feb 3, 2024

Company name
Symbol
Gross profit margin
Dick’s Sporting Goods Inc
DKS
34.83%
Academy Sports Outdoors Inc
ASO
34.45%
ODP Corp
ODP
22.58%