RH (RH)
Gross profit margin
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,389,019 | 1,437,474 | 1,517,802 | 1,660,947 | 1,811,985 | 1,898,083 | 1,982,559 | 1,947,017 | 1,855,411 | 1,785,035 | 1,688,111 | 1,532,854 | 1,325,531 | 1,223,476 | 1,099,312 | 1,061,851 | 1,095,011 | 1,069,817 | 1,035,672 | 1,009,058 |
| Revenue (ttm) | US$ in thousands | 2,836,374 | 3,120,032 | 3,261,556 | 3,447,058 | 3,540,792 | 3,448,343 | 3,584,715 | 3,614,984 | 3,668,919 | 3,610,126 | 3,464,121 | 3,200,155 | 2,834,489 | 2,687,029 | 2,534,679 | 2,531,911 | 2,755,530 | 2,761,445 | 2,720,477 | 2,654,761 |
| Gross profit margin | 48.97% | 46.07% | 46.54% | 48.18% | 51.17% | 55.04% | 55.31% | 53.86% | 50.57% | 49.45% | 48.73% | 47.90% | 46.76% | 45.53% | 43.37% | 41.94% | 39.74% | 38.74% | 38.07% | 38.01% |
February 3, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,389,019K ÷ $2,836,374K
= 48.97%
The gross profit margin of RH has exhibited fluctuations over the historical periods provided. The trend shows a general decrease from a high of 55.31% in July 2022 to a low of 38.01% in May 2019, with some fluctuations along the way. However, it is worth noting that the gross profit margin has generally been above 40%, indicating that RH has been able to maintain a healthy level of profitability from its core business operations. Further analysis would be needed to understand the factors contributing to the variations in the gross profit margin over time.
Peer comparison
Feb 3, 2024