Electronic Arts Inc (EA)
Gross profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 5,852,000 | 5,634,000 | 5,132,000 | 4,135,000 | 4,168,000 |
| Revenue | US$ in thousands | 7,562,000 | 7,426,000 | 6,991,000 | 5,629,000 | 5,537,000 |
| Gross profit margin | 77.39% | 75.87% | 73.41% | 73.46% | 75.28% |
March 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $5,852,000K ÷ $7,562,000K
= 77.39%
Electronic Arts Inc's gross profit margin has shown a generally positive trend over the past five years. The margin increased from 75.28% in 2020 to 77.39% in 2024, indicating an improvement in the company's ability to generate profit from its sales after accounting for the cost of goods sold. This suggests that Electronic Arts has been effectively managing its production and pricing strategies to enhance profitability. The consistent growth in gross profit margin reflects the company's operational efficiency and potentially its competitive positioning in the market. Overall, the upward trajectory of Electronic Arts Inc's gross profit margin signifies a positive financial performance and a healthy business model.
Peer comparison
Mar 31, 2024