Thryv Holdings Inc (THRY)
Gross profit margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 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 | 1,015,119 | 1,067,691 | 1,123,389 |
| Revenue (ttm) | US$ in thousands | 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 | 1,552,602 | 1,642,262 | 1,724,221 |
| Gross profit margin | 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% | 65.38% | 65.01% | 65.15% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $578,247K ÷ $916,961K
= 63.06%
Thryv Holdings Inc's gross profit margin has shown some fluctuation over the past eight quarters. The margin ranged between 62.22% and 65.05%, with Q2 2022 marking the highest point and Q3 2023 recording the lowest. Overall, the company has maintained a relatively healthy level of gross profit margin, with the average margin standing at approximately 63.87% over the period analyzed. This indicates that for every dollar of revenue generated, the company is able to retain about 63.87 cents after accounting for the cost of goods sold. Thryv Holdings Inc's ability to consistently maintain a gross profit margin above 60% reflects its efficient cost management and pricing strategies, which are crucial factors contributing to its profitability.