RH (RH)
Gross profit margin
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,414,930 | 1,389,020 | 1,389,020 | 1,811,980 | 1,811,980 |
| Revenue | US$ in thousands | 3,180,750 | 2,836,370 | 3,029,130 | 3,590,480 | 3,539,340 |
| Gross profit margin | 44.48% | 48.97% | 45.86% | 50.47% | 51.20% |
January 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,414,930K ÷ $3,180,750K
= 44.48%
The gross profit margin for RH has experienced fluctuations over the past few years. In January 2023, the gross profit margin was 51.20%, indicating that RH was able to generate profits after accounting for the cost of goods sold. However, by January 2025, the gross profit margin had decreased to 44.48%, suggesting a decrease in profitability relative to revenue during this period. It is important for RH to monitor and analyze the factors contributing to these fluctuations in order to maintain a healthy level of gross profit margin and overall financial performance.