Inter Parfums Inc (IPAR)

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	927,341	907,012	870,859	838,506	839,078	826,450	773,343	738,721	694,422	626,217	611,744	590,312	556,902	542,672	472,443	366,937	330,730	327,766	345,005	425,135
Revenue (ttm)	US$ in thousands	1,454,289	1,421,425	1,366,393	1,332,438	1,317,700	1,293,741	1,207,007	1,143,274	1,086,701	987,400	969,505	931,518	881,093	854,682	752,668	595,832	539,000	533,353	564,477	680,812
Gross profit margin		63.77%	63.81%	63.73%	62.93%	63.68%	63.88%	64.07%	64.61%	63.90%	63.42%	63.10%	63.37%	63.21%	63.49%	62.77%	61.58%	61.36%	61.45%	61.12%	62.45%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $927,341K ÷ $1,454,289K
= 63.77%

Interpreting the gross profit margin trend of Inter Parfums Inc from March 31, 2020, to December 31, 2024, reveals fluctuations in the company's ability to generate profit after accounting for the costs directly associated with producing its goods.

The gross profit margin started at 62.45% in March 2020 and experienced slight fluctuations throughout the quarters but generally stayed within the range of high 50s to low 60s percentage levels. The margin peaked at 64.61% in March 2023 before slightly decreasing to 62.93% in the following quarter.

Overall, the trend suggests that Inter Parfums Inc has been able to maintain a relatively stable gross profit margin over the period under review, indicating effective cost management or potentially successful pricing strategies. The consistency in the margin levels also signals a degree of stability in the company's core operational efficiency and profitability.