Maximus Inc (MMS)
Gross profit margin
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,251,652 | 1,240,851 | 1,172,901 | 1,083,915 | 1,028,608 | 1,010,697 | 956,554 | 956,402 | 939,810 | 885,233 | 966,868 | 969,075 | 946,975 | 925,420 | 819,167 | 741,607 | 711,002 | 682,401 | 671,045 | 687,369 |
| Revenue (ttm) | US$ in thousands | 5,306,200 | 5,250,280 | 5,124,030 | 4,982,520 | 4,904,730 | 4,821,810 | 4,758,910 | 4,729,390 | 4,631,020 | 4,560,120 | 4,677,860 | 4,459,810 | 4,254,484 | 4,072,190 | 3,730,007 | 3,588,862 | 3,461,537 | 3,292,667 | 3,122,040 | 3,040,425 |
| Gross profit margin | 23.59% | 23.63% | 22.89% | 21.75% | 20.97% | 20.96% | 20.10% | 20.22% | 20.29% | 19.41% | 20.67% | 21.73% | 22.26% | 22.73% | 21.96% | 20.66% | 20.54% | 20.72% | 21.49% | 22.61% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,251,652K ÷ $5,306,200K
= 23.59%
The gross profit margin of Maximus Inc has shown a fluctuating trend in recent periods. The margin has ranged from a low of 19.41% in March 2022 to a high of 23.63% in June 2024. Overall, there seems to be a general upward trend in the gross profit margin over the past few years, with some volatility in between. This indicates that Maximus Inc has been able to improve its profitability on sales over time, although the margins have not been consistently increasing every quarter. It is important for the company to continue monitoring and managing its cost of goods sold to sustain and potentially improve its gross profit margins in the future.
Peer comparison
Sep 30, 2024