Gen Digital Inc. (GEN)
Gross profit margin
| Mar 31, 2024 | 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 | Jul 5, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 3,081,000 | 3,061,000 | 3,050,000 | 2,911,000 | 2,749,000 | 2,607,000 | 2,446,000 | 2,409,000 | 2,388,000 | 2,346,000 | 2,301,000 | 2,245,000 | 2,189,000 | 2,133,000 | 2,096,000 | 2,071,000 | 2,097,000 | 2,073,000 | 2,063,000 | 2,048,000 |
| Revenue (ttm) | US$ in thousands | 3,812,000 | 3,792,000 | 3,777,000 | 3,577,000 | 2,658,000 | 2,427,000 | 2,193,000 | 2,137,000 | 2,796,000 | 2,752,000 | 2,689,000 | 2,623,000 | 2,551,000 | 2,493,000 | 2,472,000 | 2,454,000 | 2,490,000 | 2,493,000 | 2,490,000 | 2,494,000 |
| Gross profit margin | 80.82% | 80.72% | 80.75% | 81.38% | 103.42% | 107.42% | 111.54% | 112.73% | 85.41% | 85.25% | 85.57% | 85.59% | 85.81% | 85.56% | 84.79% | 84.39% | 84.22% | 83.15% | 82.85% | 82.12% |
March 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,081,000K ÷ $3,812,000K
= 80.82%
The gross profit margin of Gen Digital Inc. has shown some fluctuation over the past quarters. The margin was relatively stable around the 85% range from December 2022 to June 2023. However, a significant spike in March 2023 to 103.42% followed by an even higher spike in December 2023 to 107.42% is noteworthy. These unusually high percentages may warrant further investigation as they could indicate potential anomalies or errors in the financial data. Overall, the company has maintained a relatively healthy gross profit margin above 80% for most quarters, demonstrating strong profitability and efficient cost management in its operations.
Peer comparison
Mar 31, 2024