Signet Jewelers Ltd (SIG)
Gross profit margin
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,625,600 | 2,705,300 | 2,721,300 | 2,765,800 | 2,825,400 | 2,855,200 | 2,906,500 | 2,960,400 | 3,052,100 | 3,093,400 | 3,116,400 | 3,169,300 | 3,124,000 | 2,841,100 | 2,700,000 | 2,206,700 | 1,732,500 | 1,760,900 | 1,694,100 | 1,928,500 |
| Revenue (ttm) | US$ in thousands | 6,712,300 | 6,880,500 | 6,926,400 | 7,048,500 | 7,202,700 | 7,348,300 | 7,533,100 | 7,669,400 | 7,830,100 | 7,967,900 | 7,923,300 | 7,954,800 | 7,807,100 | 7,169,500 | 6,926,400 | 6,014,800 | 5,173,500 | 5,165,200 | 5,061,200 | 5,553,800 |
| Gross profit margin | 39.12% | 39.32% | 39.29% | 39.24% | 39.23% | 38.86% | 38.58% | 38.60% | 38.98% | 38.82% | 39.33% | 39.84% | 40.01% | 39.63% | 38.98% | 36.69% | 33.49% | 34.09% | 33.47% | 34.72% |
February 1, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,625,600K ÷ $6,712,300K
= 39.12%
Signet Jewelers Ltd's gross profit margin has shown fluctuations over the past few years. It started at 34.72% on May 2, 2020, then decreased to 33.47% on August 1, 2020. Thereafter, it slightly improved to 34.09% on October 31, 2020, before dropping to 33.49% on January 30, 2021.
From May 1, 2021, the gross profit margin started a positive trend, increasing to 36.69% and further to 38.98% on July 31, 2021. This positive trend continued until October 30, 2021, reaching a peak of 39.63%. The gross profit margin slightly dipped to 40.01% on January 29, 2022, before moderating to 39.84% on April 30, 2022, and 39.33% on July 30, 2022.
From that point, the gross profit margin exhibited fluctuations, ranging from 38.58% to 39.32% until February 1, 2025, where it settled at a figure of 39.12%. Overall, the company has managed to maintain its gross profit margin above 30%, indicating the ability to generate profits after accounting for cost of goods sold.