Gen Digital Inc. (GEN)

Gross profit margin

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Gross profit	US$ in thousands	3,081,000	2,749,000	2,388,000	2,189,000	2,097,000
Revenue	US$ in thousands	3,812,000	3,338,000	2,796,000	2,551,000	2,490,000
Gross profit margin		80.82%	82.35%	85.41%	85.81%	84.22%

March 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $3,081,000K ÷ $3,812,000K
= 80.82%

The gross profit margin of Gen Digital Inc. has shown a declining trend over the past five years, decreasing from 84.22% in 2020 to 80.82% in 2024. This indicates that the company's ability to generate profit from its core business activities has weakened over time. Factors contributing to this decline could include increased cost of goods sold, pricing pressures, or inefficiencies in production processes. It is advisable for Gen Digital Inc. to closely monitor and address the factors impacting its gross profit margin to improve overall profitability.