Ralph Lauren Corp Class A (RL)

Gross profit margin

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Gross profit	US$ in thousands	4,852,900	4,431,800	4,165,800	4,147,500	2,861,400
Revenue	US$ in thousands	7,079,000	6,631,400	6,443,600	6,218,500	4,400,800
Gross profit margin		68.55%	66.83%	64.65%	66.70%	65.02%

March 31, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $4,852,900K ÷ $7,079,000K
= 68.55%

The gross profit margin of Ralph Lauren Corp Class A has shown a slight fluctuation over the past five years. Starting at 65.02% on March 31, 2021, the margin increased to 66.70% by March 31, 2022, reflecting improved profitability. However, in the following year, the margin dipped to 64.65% on March 31, 2023, indicating a decrease in profitability. The company managed to rebound strongly in the subsequent years, with gross profit margins of 66.83% by March 31, 2024, and 68.55% by March 31, 2025, demonstrating an upward trend and enhanced profitability during that period. Overall, the company has strategically navigated through changes in its gross profit margin, showcasing resilience and effective management of its cost of goods sold and revenue generation.