Floor & Decor Holdings Inc (FND)

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 1,858,348 1,852,107 1,832,127 1,788,776 1,727,716 1,646,402 1,564,235 1,493,391 1,422,266 1,375,219 1,304,539 1,135,793 1,034,892 957,381 876,541 897,672 863,014 814,003 778,441 738,256
Revenue (ttm) US$ in thousands 4,406,920 4,406,870 4,395,090 4,350,260 4,260,640 4,126,905 3,907,461 3,678,719 3,433,006 3,242,323 3,049,717 2,651,270 2,422,460 2,225,810 2,062,093 2,119,126 2,039,528 1,949,265 1,863,273 1,776,713
Gross profit margin 42.17% 42.03% 41.69% 41.12% 40.55% 39.89% 40.03% 40.60% 41.43% 42.41% 42.78% 42.84% 42.72% 43.01% 42.51% 42.36% 42.31% 41.76% 41.78% 41.55%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,858,348K ÷ $4,406,920K
= 42.17%

Floor & Decor Holdings Inc has maintained a relatively stable trend in its gross profit margin over the past five years. The gross profit margin has ranged from a low of 39.89% in September 2022 to a high of 43.01% in September 2020. The company's gross profit margin for the most recent quarter, ending December 31, 2023, was 42.17%. This indicates that for every dollar of revenue generated, the company retained approximately 42.17 cents as gross profit after deducting the cost of goods sold. Overall, Floor & Decor Holdings Inc has demonstrated consistent management of its cost of sales and pricing strategy to sustain a healthy gross profit margin.


Peer comparison

Dec 31, 2023

Company name
Symbol
Gross profit margin
Floor & Decor Holdings Inc
FND
42.17%
Builders FirstSource Inc
BLDR
35.17%
Home Depot Inc
HD
33.38%
Lowe's Companies Inc
LOW
33.78%