International Paper (IP)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 3,559,000 | 7,857,000 | 8,011,000 | 8,350,000 | 8,508,000 | 8,460,000 | 8,668,000 | 8,606,000 | 8,728,000 | 8,835,000 | 8,572,000 | 8,363,000 | 8,242,000 | 8,068,000 | 8,284,000 | 8,528,000 | 12,555,000 | 13,016,000 | 17,102,000 | 22,596,000 |
| Revenue (ttm) | US$ in thousands | 18,777,000 | 19,226,000 | 19,950,000 | 20,642,000 | 20,895,000 | 20,848,000 | 21,191,000 | 21,565,000 | 21,742,000 | 21,895,000 | 21,286,000 | 20,347,000 | 20,237,000 | 20,497,000 | 20,929,000 | 21,724,000 | 21,999,000 | 22,451,000 | 22,774,000 | 28,762,000 |
| Gross profit margin | 18.95% | 40.87% | 40.16% | 40.45% | 40.72% | 40.58% | 40.90% | 39.91% | 40.14% | 40.35% | 40.27% | 41.10% | 40.73% | 39.36% | 39.58% | 39.26% | 57.07% | 57.98% | 75.09% | 78.56% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,559,000K ÷ $18,777,000K
= 18.95%
The gross profit margin of International Paper Co. has shown fluctuations over the past eight quarters, ranging from a low of 27.14% in Q3 2022 to a high of 28.64% in Q1 2023. Overall, the company has maintained a relatively stable gross profit margin, with only minor variations within the range of 27.14% to 28.64%. This consistency in gross profit margin indicates that International Paper Co. has been effective in managing its production costs and pricing strategies to maintain a healthy level of profitability. It is important for the company to continue monitoring and potentially improving its gross profit margin to ensure sustained financial performance in the future.
Peer comparison
Dec 31, 2023