Floor & Decor Holdings Inc (FND)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,928,250 | 1,858,350 | 1,727,720 | 1,422,270 | 1,034,890 |
| Revenue | US$ in thousands | 4,455,770 | 4,413,880 | 4,264,470 | 3,433,530 | 2,425,790 |
| Gross profit margin | 43.28% | 42.10% | 40.51% | 41.42% | 42.66% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,928,250K ÷ $4,455,770K
= 43.28%
Floor & Decor Holdings Inc has shown a fluctuating trend in its gross profit margin over the past five years. The gross profit margin decreased from 42.66% as of December 31, 2020, to 41.42% as of December 31, 2021. However, this trend continued with a further decline to 40.51% as of December 31, 2022.
Subsequently, there was an improvement in the gross profit margin to 42.10% as of December 31, 2023, indicating a positive reversal in the trend. The most recent data as of December 31, 2024, shows a notable increase in the gross profit margin to 43.28%, reflecting an upward trajectory and potentially improved profitability.
Overall, the fluctuation in Floor & Decor Holdings Inc's gross profit margin over the past five years suggests varying levels of efficiency in generating profits from sales. Further analysis of the company's cost structures and sales strategies would be beneficial in understanding the factors driving these fluctuations and identifying opportunities for improving profitability.
Peer comparison
Dec 31, 2024