Group 1 Automotive Inc (GPI)
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 | 3,159,800 | 2,987,600 | 2,950,600 | 2,987,800 | 2,996,900 | 3,009,100 | 2,975,500 | 2,968,200 | 2,965,000 | 2,916,900 | 2,817,500 | 2,710,400 | 2,476,300 | 2,286,800 | 2,145,600 | 1,843,300 | 1,769,200 | 1,752,000 | 1,705,600 | 1,800,953 |
| Revenue (ttm) | US$ in thousands | 19,934,500 | 18,868,300 | 18,352,000 | 18,214,200 | 17,873,700 | 17,462,600 | 16,920,900 | 16,507,600 | 16,222,000 | 15,642,700 | 14,988,500 | 14,543,600 | 13,709,200 | 13,209,800 | 12,740,300 | 11,171,200 | 10,852,000 | 10,973,200 | 11,051,800 | 11,926,190 |
| Gross profit margin | 15.85% | 15.83% | 16.08% | 16.40% | 16.77% | 17.23% | 17.58% | 17.98% | 18.28% | 18.65% | 18.80% | 18.64% | 18.06% | 17.31% | 16.84% | 16.50% | 16.30% | 15.97% | 15.43% | 15.10% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,159,800K ÷ $19,934,500K
= 15.85%
Group 1 Automotive Inc's gross profit margin has shown a fluctuating trend over the past few years, as evidenced by the data provided. The gross profit margin has generally exhibited an increasing pattern from March 31, 2020, to June 30, 2022, reaching a peak of 18.80%. This indicates that the company was able to efficiently manage its production costs and generate higher profits from its sales during this period.
However, after June 30, 2022, the gross profit margin started to decline gradually, with a slight recovery in March 31, 2023. This could imply potential challenges in maintaining cost control or pricing strategies that impacted the company's profitability.
Overall, it is essential for Group 1 Automotive Inc to monitor and address the factors affecting its gross profit margin to sustain or improve its financial performance in the future. This may involve reviewing cost structures, pricing strategies, and operational efficiencies to optimize profitability levels.
Peer comparison
Dec 31, 2024