Nextracker Inc. Class A Common Stock (NXT)
Gross profit margin
| Mar 31, 2024 | Mar 31, 2023 | ||
|---|---|---|---|
| Gross profit | US$ in thousands | 813,049 | 286,973 |
| Revenue | US$ in thousands | 2,499,840 | 1,902,140 |
| Gross profit margin | 32.52% | 15.09% |
March 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $813,049K ÷ $2,499,840K
= 32.52%
Peer comparison
Mar 31, 2024
Company name
Symbol
Gross profit margin
Nextracker Inc. Class A Common Stock
NXT
32.52%
Garmin Ltd
GRMN
57.19%
L3Harris Technologies Inc
LHX
2.46%
Northrop Grumman Corporation
NOC
89.58%
Teledyne Technologies Incorporated
TDY
15.10%