ePlus inc (PLUS)
Gross profit margin
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 563,002 | 539,679 | 532,604 | 528,978 | 542,889 | 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 |
| Revenue (ttm) | US$ in thousands | 1,700,308 | 1,753,955 | 1,752,045 | 2,191,665 | 2,222,602 | 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 |
| Gross profit margin | 33.11% | 30.77% | 30.40% | 24.14% | 24.43% | 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% |
March 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $563,002K ÷ $1,700,308K
= 33.11%
The gross profit margin of ePlus inc has shown some fluctuations over the period from June 30, 2020, to March 31, 2025.
Starting at 25.42% on June 30, 2020, the gross profit margin decreased to 24.82% by September 30, 2020, before further decreasing to 24.49% by December 31, 2020. However, there was a slight improvement to 25.09% by March 31, 2021.
Subsequently, the gross profit margin fluctuated within a relatively narrow range, with values between 24.57% and 25.75% until December 31, 2021. From March 31, 2022, to June 30, 2022, the margin showed some stability around 25.31% and 25.18%.
However, from September 30, 2022, to December 31, 2023, the gross profit margin experienced some fluctuations between 24.47% and 25.56%. The margin then decreased to 24.43% on March 31, 2024, and further to 24.14% on June 30, 2024.
A significant improvement was observed in the gross profit margin from September 30, 2024, to March 31, 2025, where it increased from 30.40% to 34.71%, indicating a positive trend.
Overall, the variations in the gross profit margin may reflect changes in the company's pricing strategy, cost management, or changes in the sales mix over the period under review. Investors and stakeholders may want to further investigate the drivers behind these fluctuations to understand the company's operational performance.
Peer comparison
Mar 31, 2025