Fox Factory Holding Corp (FOXF)
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 | 464,812 | 503,423 | 533,463 | 544,381 | 531,343 | 507,773 | 486,524 | 454,668 | 432,332 | 408,502 | 381,958 | 330,856 | 289,547 | 265,716 | 246,059 | 248,293 | 242,735 | 234,047 | 224,716 | 214,909 |
| Revenue (ttm) | US$ in thousands | 1,446,505 | 1,531,268 | 1,610,118 | 1,618,829 | 1,597,282 | 1,529,458 | 1,470,392 | 1,393,548 | 1,299,064 | 1,219,126 | 1,132,391 | 987,329 | 890,554 | 814,044 | 763,913 | 771,928 | 748,438 | 719,367 | 683,848 | 648,724 |
| Gross profit margin | 32.13% | 32.88% | 33.13% | 33.63% | 33.27% | 33.20% | 33.09% | 32.63% | 33.28% | 33.51% | 33.73% | 33.51% | 32.51% | 32.64% | 32.21% | 32.17% | 32.43% | 32.54% | 32.86% | 33.13% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $464,812K ÷ $1,446,505K
= 32.13%
Fox Factory Holding Corp's gross profit margin has shown some fluctuations over the past five years, ranging from a low of 32.13% in December 2023 to a high of 33.73% in June 2021. Overall, the trend appears to be relatively stable, hovering around the mid-30s percentage range. However, it is essential to monitor any sustained deviations from this trend to ensure that the company's pricing strategy, cost management, and sales volumes are optimized to maintain healthy profitability levels.
Peer comparison
Dec 31, 2023
Company name
Symbol
Gross profit margin
Fox Factory Holding Corp
FOXF
32.13%
Harley-Davidson Inc
HOG
17.23%