ZoomInfo Technologies Inc. (GTM)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,024,500 | 1,061,000 | 909,600 | 610,500 | 368,700 |
| Revenue | US$ in thousands | 1,214,300 | 1,239,500 | 1,098,000 | 747,200 | 476,200 |
| Gross profit margin | 84.37% | 85.60% | 82.84% | 81.71% | 77.43% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,024,500K ÷ $1,214,300K
= 84.37%
The gross profit margin of ZoomInfo Technologies Inc. demonstrates a generally upward trend over the period from December 31, 2020, to December 31, 2024. Starting at 77.43% in the year-end of 2020, it increased significantly to 81.71% by the close of 2021. This growth continued into 2022, with the margin reaching 82.84%, indicating improved efficiency in generating gross profit from sales. The largest year-over-year increase occurred between 2021 and 2022, suggesting enhanced cost management or favorable revenue composition during that period. The margin further rose to 85.60% at the end of 2023, reflecting ongoing operational improvements or shifts toward higher-margin products or services. Slightly decreasing to 84.37% in 2024, the margin remains elevated compared to earlier years, signaling sustained high gross profitability levels despite minor fluctuations. Overall, the company's gross profit margin exhibits consistent strength and resilience, highlighting effective cost control and a competitive advantage in its revenue-generating operations over the observed period.
Peer comparison
Dec 31, 2024