G-III Apparel Group Ltd (GIII)
Gross profit margin
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,298,530 | 1,241,850 | 1,101,140 | 988,189 | 744,442 |
| Revenue | US$ in thousands | 3,180,800 | 3,098,240 | 3,226,730 | 2,766,540 | 2,055,150 |
| Gross profit margin | 40.82% | 40.08% | 34.13% | 35.72% | 36.22% |
January 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,298,530K ÷ $3,180,800K
= 40.82%
The gross profit margin of G-III Apparel Group Ltd has shown fluctuations over the past five years. It decreased from 36.22% on January 31, 2021, to 35.72% on January 31, 2022, before experiencing a more significant decline to 34.13% on January 31, 2023. However, the trend reversed in the subsequent years, with an improvement to 40.08% on January 31, 2024, and further growth to 40.82% on January 31, 2025. This indicates that the company was able to enhance its efficiency in generating gross profit relative to sales in the latter years, potentially through cost management or pricing strategies. Overall, the recent increase in the gross profit margin suggests positive momentum in the company's profitability and operational performance.
Peer comparison
Jan 31, 2025