ScanSource Inc (SCSC)
Gross profit margin
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 408,646 | 394,347 | 382,184 | 381,209 | 386,098 | 403,953 | 427,676 | 442,262 | 449,239 | 451,373 | 446,119 | 438,710 | 426,525 | 411,511 | 393,119 | 371,237 | 350,716 | 329,085 | 335,778 | 363,619 |
| Revenue (ttm) | US$ in thousands | 3,040,810 | 2,974,037 | 3,021,789 | 3,159,084 | 3,259,809 | 3,460,844 | 3,593,764 | 3,720,212 | 3,787,720 | 3,802,855 | 3,763,326 | 3,616,437 | 3,529,935 | 3,420,346 | 3,304,229 | 3,250,775 | 3,150,806 | 2,934,562 | 3,077,172 | 3,255,778 |
| Gross profit margin | 13.44% | 13.26% | 12.65% | 12.07% | 11.84% | 11.67% | 11.90% | 11.89% | 11.86% | 11.87% | 11.85% | 12.13% | 12.08% | 12.03% | 11.90% | 11.42% | 11.13% | 11.21% | 10.91% | 11.17% |
June 30, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $408,646K ÷ $3,040,810K
= 13.44%
The gross profit margin of ScanSource Inc. exhibits a generally stable but gradually increasing trend over the analyzed period. Starting at approximately 11.17% on September 30, 2020, the margin experienced modest fluctuations but demonstrated an overall upward trajectory. Notably, there was a steady improvement from late 2020 through mid-2023, with margins rising gradually from around 10.91% to nearly 11.89%. This suggests a consistent enhancement in profitability at the gross level, potentially attributable to improved cost management, product mix optimization, or pricing strategies.
In the subsequent periods, the gross profit margin continued its incremental increase, reaching approximately 12.65% by the end of 2024. The trajectory further accelerates into 2025, with projections indicating a climb to over 13.26% by the first quarter and 13.44% by mid-2025. This sustained upward movement signifies ongoing improvements in gross profitability, possibly driven by operational efficiencies, favorable market conditions, or strategic adjustments within the company's sales and cost controls.
Overall, the data reflects a positive trend in ScanSource Inc.'s gross profit margin, with incremental enhancements over time, indicating effective management of costs relative to revenue and potential strategic initiatives aimed at improving gross profitability.
Peer comparison
Jun 30, 2025