Sabre Corpo (SABR)
Gross profit margin
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gross profit (ttm) | US$ in thousands | 1,161,677 | 1,140,146 | 1,246,241 | 1,235,076 | 1,196,492 | 1,168,845 | 1,048,097 | 907,269 | 726,606 | 593,455 | 487,214 | -14,449 | -121,051 | 710,309 | 818,989 | 1,381,695 | 1,633,473 | 2,079,591 | 2,152,871 | 2,178,870 |
Revenue (ttm) | US$ in thousands | 2,351,283 | 2,326,888 | 2,413,193 | 2,359,903 | 2,237,311 | 2,133,894 | 1,910,245 | 1,674,993 | 1,418,057 | 1,212,408 | 1,050,164 | 719,231 | 1,077,383 | 1,787,801 | 2,531,876 | 3,507,423 | 3,935,248 | 3,917,754 | 3,943,581 | 3,927,947 |
Gross profit margin | 49.41% | 49.00% | 51.64% | 52.34% | 53.48% | 54.78% | 54.87% | 54.17% | 51.24% | 48.95% | 46.39% | -2.01% | -11.24% | 39.73% | 32.35% | 39.39% | 41.51% | 53.08% | 54.59% | 55.47% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,161,677K ÷ $2,351,283K
= 49.41%
The gross profit margin of Sabre Corp has shown some fluctuations over the past eight quarters, ranging from a low of 57.94% in Q2 2023 to a high of 60.55% in Q2 2022. Overall, the company has managed to maintain relatively healthy gross profit margins, with an average of around 59%. This indicates that Sabre Corp is effectively controlling its production costs and generating a considerable profit from its core business activities. The slight variations in the gross profit margin may be due to factors such as changes in pricing strategies, input costs, or sales volume. It is important for Sabre Corp to continue monitoring and managing its gross profit margin to ensure sustained profitability and operational efficiency.
Peer comparison
Dec 31, 2023