GMS Inc (GMS)
Gross profit margin
| 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 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,775,101 | 1,748,379 | 1,735,907 | 1,741,778 | 1,725,945 | 1,714,269 | 1,679,793 | 1,587,163 | 1,488,275 | 1,369,325 | 1,244,877 | 1,138,078 | 1,062,703 | 1,020,447 | 1,030,596 | 1,050,018 | 1,063,214 | 1,068,547 | 1,049,300 | 1,032,957 |
| Revenue (ttm) | US$ in thousands | 5,503,050 | 5,394,120 | 5,370,190 | 5,380,100 | 5,329,640 | 5,314,190 | 5,233,030 | 4,952,480 | 4,634,950 | 4,278,503 | 3,876,060 | 3,538,350 | 3,298,880 | 3,137,527 | 3,147,690 | 3,196,755 | 3,241,333 | 3,250,632 | 3,213,184 | 3,185,086 |
| Gross profit margin | 32.26% | 32.41% | 32.32% | 32.37% | 32.38% | 32.26% | 32.10% | 32.05% | 32.11% | 32.00% | 32.12% | 32.16% | 32.21% | 32.52% | 32.74% | 32.85% | 32.80% | 32.87% | 32.66% | 32.43% |
April 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,775,101K ÷ $5,503,050K
= 32.26%
GMS Inc's gross profit margin has shown consistency over the past several periods, ranging from 32.00% to 32.87%. The margin peaked at 32.87% in January 2020 and hit its lowest point at 32.00% in January 2022. Overall, the company has maintained a stable gross profit margin around the low 30s percentage range, indicating efficient cost management and pricing strategies. This steady performance suggests that GMS Inc has been able to preserve a healthy proportion of revenue after accounting for the direct costs associated with production or purchasing of goods sold. Keeping the gross profit margin within this range is a positive sign for the company's operational efficiency and ability to generate profit from its core business activities.
Peer comparison
Apr 30, 2024