G-III Apparel Group Ltd (GIII)
Gross profit margin
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,267,603 | 1,209,563 | 1,233,000 | 1,233,779 | 1,233,455 | 1,241,412 | 1,152,626 | 1,104,899 | 1,101,137 | 1,071,924 | 1,074,807 | 1,038,759 | 988,189 | 923,450 | 873,695 | 815,510 | 744,442 | 807,937 | 909,201 | 1,006,277 |
| Revenue (ttm) | US$ in thousands | 3,160,677 | 3,085,924 | 3,086,394 | 3,101,400 | 3,098,242 | 3,187,888 | 3,199,078 | 3,144,561 | 3,226,729 | 3,120,456 | 3,057,546 | 2,935,383 | 2,766,536 | 2,544,623 | 2,355,794 | 2,169,925 | 2,055,146 | 2,283,521 | 2,585,360 | 2,932,040 |
| Gross profit margin | 40.11% | 39.20% | 39.95% | 39.78% | 39.81% | 38.94% | 36.03% | 35.14% | 34.13% | 34.35% | 35.15% | 35.39% | 35.72% | 36.29% | 37.09% | 37.58% | 36.22% | 35.38% | 35.17% | 34.32% |
January 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,267,603K ÷ $3,160,677K
= 40.11%
G-III Apparel Group Ltd's gross profit margin has shown fluctuation over the past few years. The trend indicates an improvement from 34.32% in April 2020 to 40.11% in January 2025. There have been some ups and downs in between, with a peak of 39.95% in July 2024 and a low of 34.13% in January 2023. The overall trajectory showcases a positive direction, with a general upward trend in the latter years.
The company has managed to increase its gross profit margin consistently, reflecting improved efficiency in managing production costs and generating higher revenue from sales. This could be attributed to factors such as effective cost control measures, pricing strategies, product mix optimization, and possibly economies of scale.
It is noteworthy that the gross profit margin hit its highest point at 40.11% in January 2025, indicating that the company is effectively controlling its production costs while maintaining healthy sales revenue. This positive trend is a good indicator of the company's profitability and operational performance. However, the slight dip in the margin in recent periods, from 39.95% in July 2024 to 40.11% in January 2025, should be monitored to ensure that the company can sustain its profitability in the long run.
Peer comparison
Jan 31, 2025