Grocery Outlet Holding Corp (GO)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,321,937 | 1,296,932 | 1,267,751 | 1,245,081 | 1,241,679 | 1,223,968 | 1,188,912 | 1,141,753 | 1,092,099 | 1,052,884 | 1,009,361 | 967,748 | 948,786 | 951,224 | 952,295 | 968,248 | 973,347 | 929,238 | 892,142 | 837,111 |
| Revenue (ttm) | US$ in thousands | 4,371,490 | 4,263,458 | 4,159,188 | 4,040,928 | 3,969,455 | 3,910,467 | 3,824,742 | 3,712,141 | 3,578,101 | 3,429,972 | 3,280,667 | 3,158,543 | 3,079,582 | 3,103,702 | 3,098,904 | 3,126,798 | 3,134,640 | 2,983,336 | 2,871,794 | 2,713,654 |
| Gross profit margin | 30.24% | 30.42% | 30.48% | 30.81% | 31.28% | 31.30% | 31.08% | 30.76% | 30.52% | 30.70% | 30.77% | 30.64% | 30.81% | 30.65% | 30.73% | 30.97% | 31.05% | 31.15% | 31.07% | 30.85% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,321,937K ÷ $4,371,490K
= 30.24%
The gross profit margin of Grocery Outlet Holding Corp has shown some fluctuations over the analyzed period. It started at 30.85% as of March 31, 2020, increased to a peak of 31.30% by September 30, 2023, and then slightly declined to 30.24% by December 31, 2024. The company experienced some ups and downs in its gross profit margin, indicating variability in its ability to generate profits from its core operations.
Overall, while there were fluctuations, Grocery Outlet Holding Corp was able to maintain its gross profit margin within a relatively narrow range between 30.24% and 31.30% during the period under review. It is essential for the company to monitor and manage its cost of goods sold and pricing strategies to sustain or improve its profitability levels in the future.
Peer comparison
Dec 31, 2024