Teradata Corp (TDC)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,115,000 | 1,081,000 | 1,186,000 | 1,019,000 | 955,000 |
| Revenue | US$ in thousands | 1,986,000 | 1,937,000 | 2,058,000 | 1,915,000 | 1,955,000 |
| Gross profit margin | 56.14% | 55.81% | 57.63% | 53.21% | 48.85% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,115,000K ÷ $1,986,000K
= 56.14%
The gross profit margin for Teradata Corp has shown a generally positive trend over the past five years, indicating the company's ability to efficiently control its cost of goods sold relative to its sales revenue. The margin increased from 50.29% in 2019 to 60.83% in 2023, with some fluctuations in between. This improvement suggests that the company may have been successful in enhancing its pricing strategy, managing production costs, or increasing sales prices. Overall, the upward trend in the gross profit margin reflects positively on Teradata Corp's operational efficiency and profitability.
Peer comparison
Dec 31, 2023