Hewlett Packard Enterprise Co (HPE)
Gross profit margin
| 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 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 21,886,000 | 22,963,000 | 22,815,000 | 22,933,000 | 22,579,000 | 21,852,000 | 22,216,000 | 22,085,000 | 22,281,000 | 22,122,000 | 18,548,000 | 18,595,000 | 17,124,000 | 17,184,000 | 17,371,000 | 17,116,000 | 18,945,000 | 19,541,000 | 18,227,000 | 13,894,000 |
| Revenue (ttm) | US$ in thousands | 28,081,000 | 29,135,000 | 29,655,000 | 29,604,000 | 29,344,000 | 28,496,000 | 27,979,000 | 27,925,000 | 27,912,000 | 27,784,000 | 27,638,000 | 27,557,000 | 26,866,000 | 26,982,000 | 26,989,000 | 27,390,000 | 28,531,000 | 29,135,000 | 29,684,000 | 29,935,000 |
| Gross profit margin | 77.94% | 78.82% | 76.93% | 77.47% | 76.95% | 76.68% | 79.40% | 79.09% | 79.83% | 79.62% | 67.11% | 67.48% | 63.74% | 63.69% | 64.36% | 62.49% | 66.40% | 67.07% | 61.40% | 46.41% |
January 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $21,886,000K ÷ $28,081,000K
= 77.94%
Hewlett Packard Enterprise Co has shown a consistent improvement in its gross profit margin over the past eight quarters. The gross profit margin has increased steadily from 34.42% in Q2 2022 to 37.26% in Q1 2024. This indicates that the company has been able to effectively manage its cost of goods sold and increase its profitability on sales. It is a positive sign for investors and stakeholders as a higher gross profit margin signifies the company's ability to generate more profit from its core operations. The overall trend suggests that Hewlett Packard Enterprise Co has been able to enhance its operational efficiency and pricing strategies, which should support its overall financial performance in the near term.
Peer comparison
Jan 31, 2024
See also:
Hewlett Packard Enterprise Co Gross Profit Margin (Quarterly Data)