GMS Inc (GMS)
Gross profit margin
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,722,020 | 1,775,100 | 1,725,940 | 1,488,280 | 1,062,700 |
| Revenue | US$ in thousands | 5,513,740 | 5,501,910 | 5,329,250 | 4,634,880 | 3,298,820 |
| Gross profit margin | 31.23% | 32.26% | 32.39% | 32.11% | 32.21% |
April 30, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,722,020K ÷ $5,513,740K
= 31.23%
The gross profit margin of GMS Inc. over the period from April 30, 2021, to April 30, 2025, exhibits relative stability with minor fluctuations. On April 30, 2021, the gross profit margin was 32.21%, which remained fairly consistent through April 30, 2022, at 32.11%. This slight decrease of 0.10 percentage points indicates minimal change in the company's ability to control cost of goods sold relative to revenue during this period.
By April 30, 2023, the gross profit margin experienced a modest increase to 32.39%, suggesting a marginal improvement in profitability, potentially attributable to better pricing strategies, increased operational efficiency, or cost containment measures. However, by April 30, 2024, the margin slightly declined to 32.26%, indicating a minor reversal or stabilization of margins.
A notable decrease is observed in the most recent period ending April 30, 2025, where the gross profit margin fell to 31.23%. This decline of approximately 1.03 percentage points from the prior year may reflect increased cost pressures, competitive market dynamics, or pricing challenges impacting gross profitability.
Overall, the pattern indicates that GMS Inc.'s gross profit margin has remained relatively stable around the 32% range across most of the analyzed period, with a slight downward trend emerging in the most recent year. This suggests that while the company's core gross profitability has been resilient, recent pressures may be impacting its ability to sustain margins at the same levels observed in earlier years.
Peer comparison
Apr 30, 2025