Science Applications International Corporation Common Stock (SAIC)
Gross profit margin
| Feb 2, 2024 | Nov 3, 2023 | Aug 4, 2023 | May 5, 2023 | Feb 3, 2023 | Oct 28, 2022 | Jul 29, 2022 | Apr 29, 2022 | Jan 28, 2022 | Oct 29, 2021 | Jul 30, 2021 | Apr 30, 2021 | Jan 29, 2021 | Oct 30, 2020 | Jul 31, 2020 | May 1, 2020 | Jan 31, 2020 | Nov 1, 2019 | Aug 2, 2019 | May 3, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 997,000 | 783,000 | 775,000 | 778,000 | 769,000 | 779,000 | 771,000 | 784,000 | 775,000 | 663,000 | 659,000 | 627,000 | 593,000 | 2,132,000 | 2,097,000 | 2,082,000 | 2,079,000 | 1,731,000 | 1,686,000 | 1,613,000 |
| Revenue (ttm) | US$ in thousands | 7,569,000 | 7,556,000 | 7,570,000 | 7,617,000 | 7,585,000 | 7,434,000 | 7,423,000 | 7,428,000 | 7,310,000 | 7,239,000 | 7,159,000 | 7,087,000 | 6,966,000 | 6,879,000 | 6,691,000 | 6,521,000 | 6,379,000 | 6,031,000 | 5,578,000 | 5,099,000 |
| Gross profit margin | 13.17% | 10.36% | 10.24% | 10.21% | 10.14% | 10.48% | 10.39% | 10.55% | 10.60% | 9.16% | 9.21% | 8.85% | 8.51% | 30.99% | 31.34% | 31.93% | 32.59% | 28.70% | 30.23% | 31.63% |
February 2, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $997,000K ÷ $7,569,000K
= 13.17%
The gross profit margin of Science Applications International Corporation Common Stock has exhibited some fluctuations over the periods provided. In recent quarters, the gross profit margin has shown an improving trend, increasing from 10.14% in February 3, 2023, to 13.17% in February 2, 2024. This suggests that the company has been able to effectively manage its cost of goods sold relative to its revenue during these periods.
Despite the improvements, there have been instances of lower gross profit margins in the past, such as in July 31, 2020, where the margin was significantly higher at 30.99% before dropping to 8.51% in January 29, 2021. It is important to note that the company managed to bounce back from these lower margins and has shown resilience in gradually improving the gross profit margin again.
Overall, the increasing trend in the gross profit margin in recent quarters is a positive sign, indicating that Science Applications International Corporation Common Stock may have focused on controlling its production and operational costs effectively, leading to a higher percentage of revenue retained after accounting for the direct cost of goods sold.
Peer comparison
Feb 2, 2024