Thryv Holdings Inc (THRY)
Gross profit margin
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 573,920 | 565,583 | 577,080 | 578,247 | 597,442 | 669,437 | 737,334 | 780,382 | 752,807 | 770,291 | 720,749 | 705,339 | 713,182 | 673,037 | 687,604 | 724,108 | 764,313 | 855,560 | 913,574 | 945,125 |
| Revenue (ttm) | US$ in thousands | 873,723 | 877,693 | 905,030 | 916,961 | 960,166 | 1,056,994 | 1,139,568 | 1,202,388 | 1,167,459 | 1,184,099 | 1,141,151 | 1,113,382 | 1,115,871 | 1,058,906 | 1,071,471 | 1,109,435 | 1,154,858 | 1,274,299 | 1,349,703 | 1,421,374 |
| Gross profit margin | 65.69% | 64.44% | 63.76% | 63.06% | 62.22% | 63.33% | 64.70% | 64.90% | 64.48% | 65.05% | 63.16% | 63.35% | 63.91% | 63.56% | 64.17% | 65.27% | 66.18% | 67.14% | 67.69% | 66.49% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $573,920K ÷ $873,723K
= 65.69%
Thryv Holdings Inc has shown a consistent and relatively strong gross profit margin performance over the past few quarters. The gross profit margin has ranged from 62.22% to 65.69% during the period under review. The margins have generally been above 60%, indicating that the company is able to effectively control its direct costs of goods sold and generate profits from its core business activities.
Overall, Thryv Holdings Inc's gross profit margin trend appears stable, with some fluctuations within a relatively narrow range. This suggests that the company has been effectively managing its production costs and pricing strategies to maintain profitability. It is essential for Thryv Holdings Inc to continue monitoring and optimizing its gross profit margin to ensure sustainable profitability and competitiveness in its industry.