Interface Inc (TILE)
Gross profit margin
| Dec 31, 2024 | 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 | Jul 5, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 482,948 | 483,795 | 466,428 | 455,601 | 441,069 | 423,360 | 421,887 | 426,807 | 437,733 | 453,668 | 451,208 | 443,494 | 432,733 | 408,161 | 403,998 | 392,300 | 393,556 | 411,061 | 423,210 | 461,620 |
| Revenue (ttm) | US$ in thousands | 1,315,658 | 1,305,766 | 1,272,502 | 1,255,449 | 1,261,498 | 1,271,935 | 1,288,686 | 1,305,709 | 1,297,919 | 1,302,010 | 1,286,960 | 1,235,140 | 1,200,398 | 1,137,698 | 1,103,633 | 1,068,352 | 1,074,596 | 1,085,819 | 1,095,346 | 1,175,324 |
| Gross profit margin | 36.71% | 37.05% | 36.65% | 36.29% | 34.96% | 33.28% | 32.74% | 32.69% | 33.73% | 34.84% | 35.06% | 35.91% | 36.05% | 35.88% | 36.61% | 36.72% | 36.62% | 37.86% | 38.64% | 39.28% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $482,948K ÷ $1,315,658K
= 36.71%
Interface Inc's gross profit margin has shown a declining trend over the past few years. Starting at 39.28% on June 30, 2020, it gradually decreased to 36.61% by June 30, 2021, and further declined to 33.73% by December 31, 2022. However, there was a slight improvement to 36.29% by March 31, 2023, and a more significant increase to 37.05% by September 30, 2024.
Overall, the gross profit margin fluctuated during the period under review, with some periods of decline and others showing improvement. It is essential for Interface Inc to closely monitor its cost of goods sold and revenue generation strategies to maintain or enhance its gross profit margin in the future.
Peer comparison
Dec 31, 2024