IAC Inc. (IAC)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,747,240 | 3,021,980 | 3,312,580 | 2,392,660 | 2,038,390 |
| Revenue | US$ in thousands | 3,807,230 | 4,365,240 | 5,235,280 | 3,699,630 | 2,764,540 |
| Gross profit margin | 72.16% | 69.23% | 63.27% | 64.67% | 73.73% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,747,240K ÷ $3,807,230K
= 72.16%
Based on the provided data for IAC Inc.'s gross profit margin over the years 2020 to 2024, the trend shows some fluctuations in the margin.
- In December 31, 2020, the gross profit margin was at a relatively high level of 73.73%, indicating that the company was effectively generating revenue after accounting for the cost of goods sold.
- However, by December 31, 2021, there was a decrease to 64.67%, suggesting a potential increase in the cost of goods sold relative to revenue.
- The margin continued to decrease to 63.27% by December 31, 2022, signaling a potential challenge in managing production costs or pricing strategies within the company.
- In December 31, 2023, there was a notable improvement in the gross profit margin to 69.23%, indicating a positive shift in the company's ability to generate profit from its core operations.
- By December 31, 2024, the margin further improved to 72.16%, reflecting a stronger position in effectively managing costs and boosting profitability.
Overall, while there have been fluctuations in IAC Inc.'s gross profit margin over the period, the general trend indicates improvements in managing costs and enhancing profitability, particularly in the later years. It is essential for the company to continue monitoring and optimizing its cost structures to sustain and potentially improve its gross profit margin further in the future.
Peer comparison
Dec 31, 2024