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.