Schneider National Inc (SNDR)

Gross profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Gross profit US$ in thousands 441,100 559,400 920,500 761,500 480,600
Revenue US$ in thousands 5,290,500 5,498,900 6,604,400 5,608,700 4,552,800
Gross profit margin 8.34% 10.17% 13.94% 13.58% 10.56%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $441,100K ÷ $5,290,500K
= 8.34%

Schneider National Inc's gross profit margin has displayed fluctuations over the years as per the provided data. The company's gross profit margin was 10.56% as of December 31, 2020, which increased to 13.58% by December 31, 2021, and further improved to 13.94% by December 31, 2022. However, there was a slight decline in the margin to 10.17% by December 31, 2023, followed by a more significant drop to 8.34% by December 31, 2024. These fluctuations suggest varying levels of efficiency in generating profits from sales revenue during the specified periods, which may indicate changes in pricing strategies, cost management, or competitive pressures within the industry. Further analysis of the underlying factors contributing to these changes would be necessary to gain a comprehensive understanding of Schneider National Inc's gross profit margin performance.