Match Group Inc (MTCH)
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 | 1,350,771 | 1,179,807 | 1,133,108 | 898,101 | 888,183 | 1,287,392 | 1,266,260 | 1,438,412 | 1,396,594 | 1,303,211 | 1,256,211 | 1,231,295 | 859,103 | 633,551 | 627,991 | 602,383 | 923,838 | 1,534,724 | 1,514,780 | 1,565,802 |
| Revenue (ttm) | US$ in thousands | 3,364,504 | 3,284,429 | 3,212,375 | 3,177,336 | 3,188,843 | 3,208,760 | 3,201,049 | 3,114,296 | 2,983,277 | 2,828,614 | 2,666,549 | 2,514,239 | 2,391,269 | 2,287,029 | 2,188,752 | 2,131,275 | 2,051,258 | 2,621,291 | 3,158,978 | 3,730,045 |
| Gross profit margin | 40.15% | 35.92% | 35.27% | 28.27% | 27.85% | 40.12% | 39.56% | 46.19% | 46.81% | 46.07% | 47.11% | 48.97% | 35.93% | 27.70% | 28.69% | 28.26% | 45.04% | 58.55% | 47.95% | 41.98% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,350,771K ÷ $3,364,504K
= 40.15%
Match Group Inc.'s gross profit margin has exhibited relatively stable performance over the past eight quarters, ranging from 69.67% to 71.64%. The company has consistently maintained a strong gross profit margin, with an average of approximately 70.46% over this period. This indicates that Match Group has effectively managed its cost of goods sold relative to its revenue, resulting in a healthy level of profitability at the gross profit level. The slight fluctuations in the gross profit margin from quarter to quarter suggest that the company's pricing strategy and cost control measures have been effective in balancing revenue and expenses. Overall, the trend in gross profit margin reflects a solid operational performance by Match Group Inc.
Peer comparison
Dec 31, 2023