O’Reilly Automotive Inc (ORLY)

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	8,554,480	8,420,880	8,330,120	8,248,640	8,104,800	7,991,320	7,765,820	7,563,960	7,381,700	7,262,290	7,145,570	7,087,230	7,019,960	6,757,560	6,619,790	6,430,590	6,085,700	5,938,140	5,680,200	5,411,310
Revenue (ttm)	US$ in thousands	16,708,480	16,444,900	16,283,840	16,080,630	15,812,250	15,624,720	15,219,960	14,821,710	14,409,860	14,056,860	13,737,810	13,532,670	13,327,560	12,864,840	12,592,910	12,218,910	11,604,500	11,258,710	10,717,600	10,215,870
Gross profit margin		51.20%	51.21%	51.16%	51.30%	51.26%	51.15%	51.02%	51.03%	51.23%	51.66%	52.01%	52.37%	52.67%	52.53%	52.57%	52.63%	52.44%	52.74%	53.00%	52.97%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $8,554,480K ÷ $16,708,480K
= 51.20%

O’Reilly Automotive Inc's gross profit margin has shown relatively stable performance over the period covered in the data provided. The gross profit margin fluctuated between 51% and 53% during this time frame.

The highest gross profit margin of 53.00% was recorded in June 2020, and the lowest was 51.16% in June 2024. There seems to be a slight downward trend in the gross profit margin from June 2020 to December 2024, indicating potential challenges in maintaining profitability from sales after accounting for direct costs of goods sold.

It is important to note that the gross profit margin is a key indicator of a company's operational efficiency and pricing strategy. A higher gross profit margin generally suggests that the company can maintain a healthy level of profitability from its core business activities. O’Reilly Automotive Inc's management may need to closely monitor and analyze the factors influencing the gross profit margin to ensure sustainable profitability in the future.