RH (RH)
Gross profit margin
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 29, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,414,932 | 1,373,086 | 1,332,697 | 1,298,390 | 1,322,802 | 1,381,924 | 1,441,046 | 1,448,141 | 1,455,236 | 1,444,569 | 1,433,902 | 1,507,135 | 1,682,808 | 1,836,620 | 1,965,797 | 2,000,523 | 1,932,809 | 1,914,845 | 1,921,516 | 1,953,688 |
| Revenue (ttm) | US$ in thousands | 3,180,753 | 3,048,367 | 2,974,895 | 2,896,465 | 2,867,490 | 2,987,949 | 3,007,166 | 2,995,103 | 2,998,010 | 2,970,030 | 3,176,231 | 3,276,578 | 3,567,306 | 3,737,786 | 3,731,400 | 3,794,632 | 3,674,241 | 3,737,692 | 3,756,281 | 3,842,399 |
| Gross profit margin | 44.48% | 45.04% | 44.80% | 44.83% | 46.13% | 46.25% | 47.92% | 48.35% | 48.54% | 48.64% | 45.14% | 46.00% | 47.17% | 49.14% | 52.68% | 52.72% | 52.60% | 51.23% | 51.15% | 50.85% |
January 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,414,932K ÷ $3,180,753K
= 44.48%
The gross profit margin of RH has shown some fluctuations over the reported periods. Starting at 50.85% in January 2022, it gradually increased to reach a peak of 52.72% in July 2022. However, it then started to decline, with occasional fluctuations, reaching 44.48% by January 2025. Overall, the gross profit margin trend indicates a somewhat volatile performance, with ups and downs over the quarters. An in-depth analysis of the factors contributing to these changes would be necessary to understand the underlying reasons for the variations in the gross profit margin over time.