National Vision Holdings Inc (EYE)
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 | 996,854 | 979,884 | 1,021,318 | 1,063,358 | 1,101,455 | 1,112,896 | 1,098,973 | 1,096,460 | 1,079,817 | 1,093,235 | 1,118,375 | 1,156,930 | 1,174,746 | 1,194,795 | 1,177,792 | 983,476 | 925,136 | 859,142 | 811,998 | 919,716 |
| Revenue (ttm) | US$ in thousands | 1,883,049 | 1,952,174 | 2,033,015 | 2,106,622 | 2,126,468 | 2,088,996 | 2,055,847 | 2,040,062 | 2,005,404 | 2,014,324 | 2,033,122 | 2,073,056 | 2,079,525 | 2,098,370 | 2,065,718 | 1,776,236 | 1,711,760 | 1,616,827 | 1,563,376 | 1,732,820 |
| Gross profit margin | 52.94% | 50.19% | 50.24% | 50.48% | 51.80% | 53.27% | 53.46% | 53.75% | 53.85% | 54.27% | 55.01% | 55.81% | 56.49% | 56.94% | 57.02% | 55.37% | 54.05% | 53.14% | 51.94% | 53.08% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $996,854K ÷ $1,883,049K
= 52.94%
The gross profit margin of National Vision Holdings Inc has experienced fluctuations over the period from March 31, 2020, to December 31, 2024. The gross profit margin, which represents the percentage of revenue that exceeds the cost of goods sold, ranged from a low of 50.24% in June 30, 2024, to a high of 57.02% in June 30, 2021.
Overall, the trend in the gross profit margin shows some variability but generally exhibited a gradual increase initially, reaching a peak in June 30, 2021. Subsequently, the margin experienced some volatility, with occasional fluctuations both upwards and downwards, ultimately declining to 52.94% by December 31, 2024.
It is important for the company to closely monitor its gross profit margin as it reflects operational efficiency and pricing strategy. Any sustained decrease in the margin could indicate potential challenges such as rising production costs or increased competition, while an increasing margin may signal improved profitability and effective cost management.
Peer comparison
Dec 31, 2024