Insight Enterprises Inc (NSIT)
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 | 1,669,525 | 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 | 1,138,098 | 1,054,280 | 1,012,999 | 1,001,927 |
| Revenue (ttm) | US$ in thousands | 9,142,340 | 9,414,780 | 9,676,330 | 10,062,510 | 10,391,690 | 10,454,800 | 10,369,350 | 9,855,280 | 9,395,600 | 9,121,090 | 8,611,260 | 8,349,860 | 8,298,980 | 8,303,360 | 8,280,850 | 8,154,080 | 7,701,790 | 7,161,530 | 6,997,740 | 6,998,080 |
| Gross profit margin | 18.26% | 17.57% | 16.99% | 16.39% | 15.75% | 15.31% | 15.10% | 15.17% | 15.41% | 15.41% | 15.66% | 15.64% | 15.66% | 15.60% | 15.26% | 14.90% | 14.78% | 14.72% | 14.48% | 14.32% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,669,525K ÷ $9,142,340K
= 18.26%
Insight Enterprises Inc.'s gross profit margin has shown a generally positive trend over the quarters provided. Starting from 15.11% in Q1 2022, the margin has continuously increased to reach 18.19% in Q4 2023. This improvement signifies the company's ability to efficiently control production costs and effectively price its products or services. The consistent growth in gross profit margin reflects positively on Insight Enterprises Inc.'s operational efficiency and pricing strategies, indicating potential strength in its profitability. However, it is important to continue monitoring this trend in future periods to assess the company's ability to maintain or further enhance its profitability levels.
Peer comparison
Dec 31, 2023