ePlus inc (PLUS)
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 | 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 | 391,191 |
| Revenue (ttm) | US$ in thousands | 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 | 1,588,404 |
| Gross profit margin | 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% | 24.63% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $539,679K ÷ $1,753,955K
= 30.77%
ePlus inc's gross profit margin has fluctuated over the specified period, declining from 24.63% in March 2020 to a low of 24.14% in June 2024. There was a notable increase in the gross profit margin in September and December 2024, reaching 30.40% and 30.77%, respectively. This increase signifies a significant improvement in the company's ability to generate profit from its core operations.
Overall, the gross profit margin has shown some variability but has generally trended upwards over the years, indicating potential improvements in the company's cost structure, pricing strategy, or product mix. It is important for investors and analysts to monitor the trend in gross profit margin to assess the efficiency of ePlus inc's operations and its ability to maintain profitability in the long term.
Peer comparison
Dec 31, 2024