ScanSource Inc (SCSC)
Gross profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 399,052 | 449,239 | 426,524 | 350,716 | 355,569 |
| Revenue | US$ in thousands | 3,271,770 | 3,765,770 | 3,521,330 | 3,143,030 | 3,034,980 |
| Gross profit margin | 12.20% | 11.93% | 12.11% | 11.16% | 11.72% |
June 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $399,052K ÷ $3,271,770K
= 12.20%
The gross profit margin of ScanSource Inc has shown some fluctuations over the past five years. There was a slight increase in the gross profit margin from 11.72% in 2020 to 11.93% in 2023, followed by a decrease to 11.16% in 2021. In the most recent year, the gross profit margin improved to 12.20%. Despite these fluctuations, the gross profit margin has generally remained within a relatively narrow range, indicating consistency in managing the cost of goods sold relative to revenue over the years. Overall, the upward trend in the most recent year suggests improved efficiency in generating gross profits, which can be a positive sign for the company's financial performance.
Peer comparison
Jun 30, 2024