Insight Enterprises Inc (NSIT)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,766,020 | 1,669,520 | 1,636,570 | 1,447,560 | 1,299,940 |
| Revenue | US$ in thousands | 8,701,700 | 9,175,840 | 10,431,200 | 9,436,110 | 8,340,580 |
| Gross profit margin | 20.30% | 18.19% | 15.69% | 15.34% | 15.59% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,766,020K ÷ $8,701,700K
= 20.30%
Insight Enterprises Inc has shown a fluctuating trend in its gross profit margin over the past five years. Starting at 15.59% on December 31, 2020, the gross profit margin slightly decreased to 15.34% by December 31, 2021. However, the margin saw an improvement in the subsequent years, climbing to 15.69% on December 31, 2022, and further increasing to 18.19% by December 31, 2023. Notably, there was a significant rise in the gross profit margin to 20.30% as of December 31, 2024, showcasing a positive trend in the company's ability to generate profits from its core operations.
Overall, Insight Enterprises Inc has demonstrated an upward trajectory in its gross profit margin in the recent years, which indicates an improvement in the efficiency of its production process, cost management, and pricing strategies. This enhancement in profitability metrics may suggest positive prospects for the company's financial health and performance in the upcoming periods.
Peer comparison
Dec 31, 2024