Insight Enterprises Inc (NSIT)

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 1,766,016 1,762,528 1,739,313 1,719,138 1,669,525 1,653,934 1,644,322 1,649,021 1,636,567 1,600,863 1,566,150 1,494,944 1,447,557 1,405,356 1,348,374 1,306,080 1,299,942 1,295,270 1,263,902 1,214,962
Revenue (ttm) US$ in thousands 8,701,690 8,865,040 9,043,440 9,231,380 9,175,850 9,442,450 9,710,510 10,104,290 10,431,190 10,494,600 10,407,770 9,893,890 9,436,110 9,161,410 8,650,370 8,389,610 8,340,590 8,346,430 8,322,500 8,189,780
Gross profit margin 20.30% 19.88% 19.23% 18.62% 18.19% 17.52% 16.93% 16.32% 15.69% 15.25% 15.05% 15.11% 15.34% 15.34% 15.59% 15.57% 15.59% 15.52% 15.19% 14.84%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,766,016K ÷ $8,701,690K
= 20.30%

Insight Enterprises Inc's gross profit margin has shown a positive trend over the period from March 31, 2020, to December 31, 2024. The gross profit margin started at 14.84% in March 2020 and steadily increased to 20.30% by December 2024. The company has been able to improve its efficiency in generating gross profit relative to its sales revenue during this period, indicating effective cost management or pricing strategies. The gradual rise in the gross profit margin demonstrates the company's ability to maintain a healthy level of profitability from its core operations. This improvement in gross profit margin reflects positively on Insight Enterprises Inc's financial performance and operational efficiency.


Peer comparison

Dec 31, 2024

Company name
Symbol
Gross profit margin
Insight Enterprises Inc
NSIT
20.30%
Amazon.com Inc
AMZN
35.99%
CDW Corp
CDW
21.92%
Chewy Inc
CHWY
29.15%
PC Connection Inc
CNXN
18.52%