Everus Construction Group Inc (ECG)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 339,451 | 322,267 | 276,046 | 247,938 |
| Revenue | US$ in thousands | 2,849,680 | 2,854,390 | 2,699,250 | 2,051,640 |
| Gross profit margin | 11.91% | 11.29% | 10.23% | 12.08% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $339,451K ÷ $2,849,680K
= 11.91%
Based on the data provided, Everus Construction Group Inc's gross profit margin has experienced fluctuation over the years. The gross profit margin was 12.08% as of December 31, 2021, decreased to 10.23% by December 31, 2022, and then slightly improved to 11.29% by December 31, 2023. As of December 31, 2024, the gross profit margin further increased to 11.91%.
The trend indicates some variability in the company's ability to generate profits from its core business activities relative to its cost of goods sold. It is essential for Everus Construction Group Inc to closely monitor and manage its cost structures and pricing strategies to sustain and potentially improve its gross profit margin in the future.
Peer comparison
Dec 31, 2024