ePlus inc (PLUS)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 550,793 | 552,773 | 557,335 | 546,274 | 517,524 | 500,550 | 479,295 | 468,993 | 460,982 | 443,515 | 424,549 | 400,509 | 393,554 | 387,495 | 393,040 | 397,109 | 391,191 | 380,638 | 359,855 | 342,324 |
| Revenue (ttm) | US$ in thousands | 2,225,302 | 2,163,018 | 2,277,439 | 2,183,534 | 2,067,718 | 2,027,060 | 1,898,418 | 1,862,729 | 1,821,019 | 1,722,107 | 1,654,877 | 1,629,941 | 1,568,323 | 1,582,192 | 1,583,579 | 1,562,063 | 1,588,404 | 1,547,362 | 1,464,035 | 1,397,513 |
| Gross profit margin | 24.75% | 25.56% | 24.47% | 25.02% | 25.03% | 24.69% | 25.25% | 25.18% | 25.31% | 25.75% | 25.65% | 24.57% | 25.09% | 24.49% | 24.82% | 25.42% | 24.63% | 24.60% | 24.58% | 24.50% |
March 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $550,793K ÷ $2,225,302K
= 24.75%
The gross profit margin of ePlus inc has shown slight fluctuations over the past few quarters, ranging from a low of 24.47% in September 2023 to a high of 25.75% in December 2021. Overall, the gross profit margin has been relatively stable, with the most recent figure reported at 24.75% as of March 31, 2024.
While the gross profit margin is an important indicator of a company's profitability, it is essential to consider factors such as industry norms, competitive pressures, and operational efficiencies when analyzing this metric. The management of ePlus inc should continue monitoring and analyzing the gross profit margin to ensure that it remains healthy and in line with the company's strategic objectives.
Peer comparison
Mar 31, 2024