PTC Inc (PTC)
Gross profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,853,660 | 1,656,050 | 1,547,370 | 1,436,060 | 1,124,140 |
| Revenue | US$ in thousands | 2,299,910 | 1,970,280 | 1,874,120 | 1,753,120 | 1,384,550 |
| Gross profit margin | 80.60% | 84.05% | 82.57% | 81.91% | 81.19% |
September 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,853,660K ÷ $2,299,910K
= 80.60%
The gross profit margin of PTC Inc has shown a fluctuating trend over the past five years. In the fiscal year ending on September 30, 2024, the gross profit margin decreased to 80.60% from 84.05% in the previous year. This decline may indicate potential challenges in managing production costs or pricing strategies during that period.
Compared to the fiscal year ending in 2020, there has been a gradual increase in gross profit margin, reaching a peak of 84.05% in 2023 before declining in the most recent year. This suggests that PTC Inc has been able to effectively control its cost of goods sold and improve profit margins over the years, but experienced a setback in the latest fiscal year.
It is important for the company to closely monitor its gross profit margin as it is a key indicator of operational efficiency and profitability. Analyzing the underlying reasons for fluctuations in the margin can help PTC Inc make informed decisions to optimize its cost structure and pricing strategies in order to maintain or improve financial performance.
Peer comparison
Sep 30, 2024