National Vision Holdings Inc (EYE)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,059,260 | 1,125,560 | 1,079,820 | 1,174,750 | 925,136 |
| Revenue | US$ in thousands | 1,823,320 | 2,126,470 | 2,005,400 | 2,079,520 | 1,711,760 |
| Gross profit margin | 58.10% | 52.93% | 53.85% | 56.49% | 54.05% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,059,260K ÷ $1,823,320K
= 58.10%
National Vision Holdings Inc's gross profit margin has shown fluctuations over the past five years. In 2020, the gross profit margin stood at 54.05%, which increased to 56.49% in 2021, reflecting improved profitability. However, there was a slight decrease in 2022 to 53.85%, followed by a further decline to 52.93% in 2023.
The most significant jump occurred in 2024, with the gross profit margin reaching 58.10%, indicating a strong performance in that year. Overall, the fluctuations in the gross profit margin suggest varying levels of efficiency in production and cost management within the company during the period under review.
Peer comparison
Dec 31, 2024