Sabre Corpo (SABR)

Gross profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Gross profit	US$ in thousands	1,161,680	1,196,490	726,536	498,373	783,594
Revenue	US$ in thousands	2,351,280	2,237,310	1,417,990	1,077,380	3,818,600
Gross profit margin		49.41%	53.48%	51.24%	46.26%	20.52%

December 31, 2023 calculation

Gross profit margin = Gross profit ÷ Revenue
= $1,161,680K ÷ $2,351,280K
= 49.41%

The gross profit margin of Sabre Corp has shown a positive trend over the past five years. From 2019 to 2020, there was a significant increase in gross profit margin from 23.65% to 56.60%, indicating an improvement in the company's ability to generate profits from its core business operations. This positive momentum continued in the following years, with gross profit margins further increasing to 59.06% in 2021, 58.97% in 2022, and reaching 59.92% by the end of 2023.

Overall, Sabre Corp's gross profit margin performance reflects a strengthening profitability position, demonstrating efficient cost management and pricing strategies that have contributed to the company's bottom line. The consistent uptrend in gross profit margin signifies the potential for sustained profitability and operational efficiency within the business.