ELF Beauty Inc (ELF)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 925,849 | 864,501 | 802,807 | 724,096 | 626,020 | 532,788 | 459,983 | 390,396 | 328,770 | 294,386 | 272,811 | 251,732 | 242,832 | 235,610 | 224,763 | 206,198 | 195,662 | 191,063 | 187,273 | 181,123 |
| Revenue (ttm) | US$ in thousands | 1,302,015 | 1,217,635 | 1,132,690 | 1,024,893 | 891,107 | 766,065 | 671,498 | 576,756 | 494,534 | 446,184 | 415,879 | 389,935 | 377,471 | 367,630 | 347,817 | 314,882 | 296,923 | 288,416 | 282,943 | 277,931 |
| Gross profit margin | 71.11% | 71.00% | 70.88% | 70.65% | 70.25% | 69.55% | 68.50% | 67.69% | 66.48% | 65.98% | 65.60% | 64.56% | 64.33% | 64.09% | 64.62% | 65.48% | 65.90% | 66.25% | 66.19% | 65.17% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $925,849K ÷ $1,302,015K
= 71.11%
ELF Beauty Inc's gross profit margin has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The trend indicates a general increase in the gross profit margin over time, with minor fluctuations in between. The gross profit margin started at 65.17% in March 2020 and saw a gradual increase, reaching its peak at 71.11% by December 31, 2024.
The company's ability to maintain a consistently high gross profit margin is a positive sign of its efficiency in managing its production costs and pricing strategies. A rising gross profit margin implies that ELF Beauty Inc is generating more profit from its core business operations relative to its sales revenue. This improving trend may be attributed to factors such as cost control measures, pricing adjustments, or operational efficiencies implemented by the company.
Overall, the increasing trend in ELF Beauty Inc's gross profit margin signifies improving profitability and operational performance, which can be crucial indicators of the company's financial health and competitiveness in the industry.
Peer comparison
Dec 31, 2024