National Vision Holdings Inc (EYE)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 229,050 | 230,286 | 319,986 | 330,536 | 60,010 | 80,368 | 113,170 | 149,371 | 173,093 | 204,302 | 198,113 | 85,286 | 37,281 | 212,077 | 162,503 | 233,538 | 243,842 | 212,073 | 209,201 | 212,718 |
| Revenue (ttm) | US$ in thousands | 2,127,386 | 2,090,382 | 2,057,053 | 2,041,121 | 2,006,691 | 2,015,422 | 2,034,012 | 2,073,788 | 2,080,159 | 2,085,883 | 2,040,676 | 1,734,821 | 1,662,479 | 1,580,489 | 1,520,846 | 1,697,577 | 1,687,763 | 1,641,922 | 1,606,635 | 1,562,202 |
| Gross profit margin | 10.77% | 11.02% | 15.56% | 16.19% | 2.99% | 3.99% | 5.56% | 7.20% | 8.32% | 9.79% | 9.71% | 4.92% | 2.24% | 13.42% | 10.69% | 13.76% | 14.45% | 12.92% | 13.02% | 13.62% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $229,050K ÷ $2,127,386K
= 10.77%
National Vision Holdings Inc's gross profit margin has displayed fluctuations over the period from 2019 to 2023. The margin has varied between 2.24% and 16.19% during this time frame. Generally, the trend shows an improvement in the margin from 2019 to 2023, with some fluctuations in between. In the latest period, the gross profit margin was 10.77%, indicating that the company retains around 10.77 cents from each dollar of revenue after accounting for the cost of goods sold. This suggests that the company has been able to manage its cost of sales effectively, although there may still be room for further improvement in profitability through managing costs or enhancing pricing strategies.
Peer comparison
Dec 31, 2023