Electronic Arts Inc (EA)
Gross profit margin
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 5,852,000 | 5,856,000 | 5,753,000 | 5,737,000 | 5,634,000 | 5,614,000 | 5,459,000 | 5,349,000 | 5,132,000 | 4,753,000 | 4,667,000 | 4,200,000 | 4,135,000 | 4,226,000 | 4,239,000 | 4,317,000 | 4,168,000 | 4,012,000 | 3,803,000 | 3,728,000 |
| Revenue (ttm) | US$ in thousands | 7,562,000 | 7,657,000 | 7,593,000 | 7,583,000 | 7,426,000 | 7,377,000 | 7,285,000 | 7,207,000 | 6,991,000 | 6,512,000 | 6,396,000 | 5,721,000 | 5,629,000 | 5,670,000 | 5,590,000 | 5,787,000 | 5,537,000 | 5,388,000 | 5,084,000 | 5,022,000 |
| Gross profit margin | 77.39% | 76.48% | 75.77% | 75.66% | 75.87% | 76.10% | 74.93% | 74.22% | 73.41% | 72.99% | 72.97% | 73.41% | 73.46% | 74.53% | 75.83% | 74.60% | 75.28% | 74.46% | 74.80% | 74.23% |
March 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $5,852,000K ÷ $7,562,000K
= 77.39%
Electronic Arts Inc has shown a consistent trend of maintaining a strong gross profit margin over the past several quarters. The gross profit margin has ranged from 72.99% to 77.39% during the most recent quarter. This indicates that the company is effectively managing its production costs and generating healthy profits from its sales. The upward trend in gross profit margin over the last few quarters suggests that Electronic Arts has been successful in optimizing its cost structure and improving the efficiency of its operations. Overall, the consistently high gross profit margin is a positive indicator of the company's ability to generate profits from its core business activities.
Peer comparison
Mar 31, 2024