O’Reilly Automotive Inc (ORLY)
Gross profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 8,554,490 | 8,104,800 | 7,381,710 | 7,019,950 | 6,085,690 |
Revenue | US$ in thousands | 16,708,500 | 15,812,200 | 14,409,900 | 13,327,600 | 11,604,500 |
Gross profit margin | 51.20% | 51.26% | 51.23% | 52.67% | 52.44% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $8,554,490K ÷ $16,708,500K
= 51.20%
O’Reilly Automotive Inc's gross profit margin has shown slight fluctuations over the past five years. As of December 31, 2020, the gross profit margin stood at 52.44%, increasing marginally to 52.67% by December 31, 2021. However, there was a decline in the margin to 51.23% by December 31, 2022, followed by a slight recovery to 51.26% by December 31, 2023. The most recent data as of December 31, 2024, indicates a gross profit margin of 51.20%.
Overall, O’Reilly Automotive Inc has maintained a relatively stable gross profit margin range between 51% and 53% during the period under consideration. This indicates the company's ability to effectively manage its cost of goods sold in relation to its sales revenue. It is noteworthy that while there have been fluctuations, the margin has generally remained above the 50% mark, reflecting the company's ability to generate profits after accounting for the direct costs associated with producing or purchasing its products.
Peer comparison
Dec 31, 2024