GMS Inc (GMS)
Gross profit margin
| Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,775,100 | 1,725,940 | 1,488,280 | 1,062,700 | 1,063,210 |
| Revenue | US$ in thousands | 5,503,660 | 5,330,540 | 4,635,040 | 3,298,910 | 3,241,400 |
| Gross profit margin | 32.25% | 32.38% | 32.11% | 32.21% | 32.80% |
April 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,775,100K ÷ $5,503,660K
= 32.25%
The gross profit margin of GMS Inc has shown relatively stable performance over the past five years, ranging between 32.11% to 32.80%. This indicates that the company has been able to effectively control its cost of goods sold in relation to its net sales during this period. The slight fluctuations in the gross profit margin do not suggest any significant negative trends in the company's ability to generate profits from its core operations. Overall, GMS Inc has maintained a consistent level of profitability at the gross profit level over the years.
Peer comparison
Apr 30, 2024