Exponent Inc (EXPO)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 558,514 | 495,225 | 478,210 | 433,675 | 399,900 |
| Revenue | US$ in thousands | 558,514 | 536,766 | 513,293 | 466,269 | 399,900 |
| Gross profit margin | 100.00% | 92.26% | 93.17% | 93.01% | 100.00% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $558,514K ÷ $558,514K
= 100.00%
The gross profit margin of Exponent Inc has shown a slight fluctuation over the past five years. Starting at a significantly high level of 100.00% on December 31, 2020, the margin decreased to 93.01% by December 31, 2021, and then increased slightly to 93.17% on December 31, 2022. However, it experienced a decline to 92.26% by December 31, 2023, before returning to 100.00% by December 31, 2024.
Overall, the company has maintained a relatively high gross profit margin, indicating efficient cost management and pricing strategies. However, the fluctuations observed in the margin over the years suggest potential changes in the company's cost structure or pricing policies that may have impacted its profitability. Further analysis of the underlying reasons for these fluctuations could provide more insights into the company's financial performance and strategic direction.
Peer comparison
Dec 31, 2024