Dick’s Sporting Goods Inc (DKS)
Gross profit margin
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 4,825,690 | 4,798,610 | 5,039,350 | 4,825,110 | 4,791,280 | 4,566,580 | 4,341,880 | 4,309,040 | 4,276,200 | 4,332,760 | 4,389,320 | 4,373,120 | 4,356,920 | 4,312,260 | 4,267,600 | 4,239,894 | 4,487,074 | 4,625,304 | 4,560,504 | 4,632,370 |
| Revenue (ttm) | US$ in thousands | 13,442,850 | 13,502,590 | 14,321,580 | 13,890,340 | 13,899,980 | 13,170,230 | 12,503,320 | 12,303,100 | 12,102,220 | 12,475,290 | 12,856,580 | 12,973,260 | 13,078,850 | 12,594,560 | 12,090,930 | 11,832,270 | 12,251,700 | 12,486,180 | 12,146,910 | 12,180,570 |
| Gross profit margin | 35.90% | 35.54% | 35.19% | 34.74% | 34.47% | 34.67% | 34.73% | 35.02% | 35.33% | 34.73% | 34.14% | 33.71% | 33.31% | 34.24% | 35.30% | 35.83% | 36.62% | 37.04% | 37.54% | 38.03% |
January 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,825,690K ÷ $13,442,850K
= 35.90%
The gross profit margin of Dick’s Sporting Goods Inc has shown a gradual decline over the past few years, decreasing from 38.03% as of January 31, 2022, to 35.90% as of January 31, 2025. This trend indicates a decrease in the percentage of revenue retained by the company after accounting for the cost of goods sold.
While there were fluctuations in the gross profit margin during this period, the overall trajectory has been downward. This decline could be attributed to various factors such as increased competition, rising input costs, pricing strategies, or changes in consumer behavior.
It is important for investors and stakeholders to monitor this metric closely as a declining gross profit margin could impact the company's profitability and overall financial health. Further analysis of the company's operating expenses and revenue trends may be necessary to understand the root causes of the decreasing gross profit margin and to make informed decisions regarding the company's performance and future prospects.
Peer comparison
Jan 31, 2025