Pool Corporation (POOL)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,575,350 | 1,660,040 | 1,933,410 | 1,617,090 | 1,130,900 |
| Revenue | US$ in thousands | 5,310,950 | 5,541,600 | 6,179,730 | 5,295,580 | 3,936,620 |
| Gross profit margin | 29.66% | 29.96% | 31.29% | 30.54% | 28.73% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,575,350K ÷ $5,310,950K
= 29.66%
Based on the data provided for Pool Corporation's gross profit margin over the years, there has been a mixed trend observed. The gross profit margin increased from 28.73% as of December 31, 2020, to 31.29% as of December 31, 2022, indicating an improvement in the company's ability to generate profits from its sales.
However, there was a slight decline in the gross profit margin in the following years, with it standing at 29.66% as of December 31, 2024. This decrease may suggest challenges in managing production costs or pricing strategies that impacted the profitability of Pool Corporation.
Overall, Pool Corporation's gross profit margin has shown fluctuations during the period under review, highlighting the importance of closely monitoring cost structures and revenue generation strategies to maintain and enhance profitability in the competitive market environment.