Science Applications International Corporation Common Stock (SAIC)
Gross profit margin
| Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 997,000 | 769,000 | 775,000 | 702,000 | 619,000 |
| Revenue | US$ in thousands | 7,569,000 | 7,585,000 | 7,310,000 | 6,966,000 | 6,292,000 |
| Gross profit margin | 13.17% | 10.14% | 10.60% | 10.08% | 9.84% |
February 2, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $997,000K ÷ $7,569,000K
= 13.17%
The gross profit margin of Science Applications International Corporation Common Stock has shown a consistent improvement over the past five years. The company's gross profit margin has increased from 9.84% in January 2020 to 13.17% in February 2024. This indicates that the company has been able to effectively control its cost of goods sold relative to its revenue, resulting in a higher percentage of revenue retained as gross profit. The upward trend in gross profit margin suggests that Science Applications International Corporation has been successful in generating more revenue relative to its cost of goods sold, which is a positive indicator of operational efficiency and profitability.
Peer comparison
Feb 2, 2024