Genpact Limited (G)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,570,660 | 1,536,400 | 1,431,960 | 1,291,240 | 1,225,860 |
| Revenue | US$ in thousands | 4,476,890 | 4,371,170 | 4,022,210 | 3,709,380 | 3,520,540 |
| Gross profit margin | 35.08% | 35.15% | 35.60% | 34.81% | 34.82% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,570,660K ÷ $4,476,890K
= 35.08%
Genpact Ltd has demonstrated relatively stable gross profit margins over the past five years, ranging from 34.81% to 35.60%. The gross profit margin represents the percentage of revenue that exceeds the cost of goods sold, indicating the efficiency of the company's production and pricing strategies. Despite minor fluctuations, the company has maintained a consistent level of profitability in terms of gross profit generation. This stability suggests that Genpact Ltd has managed its production costs effectively and priced its products or services competitively in the market. Further analysis of factors impacting the cost of goods sold and pricing strategies may provide deeper insights into the company's operational efficiency and competitiveness in the industry.
Peer comparison
Dec 31, 2023