ODP Corp (ODP)
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 | 1,447,000 | 1,512,000 | 1,622,000 | 1,695,000 | 1,766,000 | 1,816,000 | 1,828,000 | 1,844,000 | 1,847,000 | 1,833,000 | 1,851,000 | 1,892,000 | 1,942,000 | 2,007,000 | 2,093,000 | 2,037,000 | 2,132,000 | 2,206,000 | 2,283,000 | 2,452,000 |
| Revenue (ttm) | US$ in thousands | 6,992,000 | 7,174,000 | 7,403,000 | 7,594,000 | 7,831,000 | 8,131,000 | 8,294,000 | 8,420,000 | 8,490,000 | 8,426,000 | 8,433,000 | 8,685,000 | 8,873,000 | 9,119,000 | 9,479,000 | 9,351,000 | 9,710,000 | 9,930,000 | 10,173,000 | 10,603,000 |
| Gross profit margin | 20.70% | 21.08% | 21.91% | 22.32% | 22.55% | 22.33% | 22.04% | 21.90% | 21.76% | 21.75% | 21.95% | 21.78% | 21.89% | 22.01% | 22.08% | 21.78% | 21.96% | 22.22% | 22.44% | 23.13% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,447,000K ÷ $6,992,000K
= 20.70%
ODP Corp's gross profit margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The gross profit margin, which represents the percentage of revenue that exceeds the cost of goods sold, started at 23.13% on March 31, 2020, and decreased gradually to reach 20.70% by December 31, 2024.
The trend signifies a downward trajectory in the company's ability to generate profit from its core business operations. This could indicate challenges such as increasing costs of goods sold relative to revenue, pricing pressures, or inefficiencies in production or inventory management.
Although there were fluctuations in the gross profit margin over the period, the general trend of decline warrants further investigation into the underlying factors affecting ODP Corp's profitability. Management may need to identify and address the root causes of the decreasing margins to ensure sustainable and profitable operations in the future.
Peer comparison
Dec 31, 2024