Interface Inc (TILE)
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 | Jul 5, 2020 | Apr 5, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 441,069 | 423,360 | 421,887 | 426,807 | 437,733 | 453,668 | 451,208 | 443,494 | 432,733 | 408,162 | 403,999 | 392,301 | 410,574 | 451,738 | 487,320 | 530,756 | 532,967 | 516,678 | 478,879 | 447,297 |
| Revenue (ttm) | US$ in thousands | 1,237,937 | 1,242,993 | 1,260,160 | 1,278,311 | 1,263,671 | 1,272,814 | 1,257,784 | 1,205,865 | 1,170,717 | 1,102,204 | 1,075,866 | 1,047,874 | 1,090,039 | 1,165,797 | 1,228,930 | 1,320,123 | 1,322,849 | 1,320,426 | 1,292,124 | 1,225,053 |
| Gross profit margin | 35.63% | 34.06% | 33.48% | 33.39% | 34.64% | 35.64% | 35.87% | 36.78% | 36.96% | 37.03% | 37.55% | 37.44% | 37.67% | 38.75% | 39.65% | 40.21% | 40.29% | 39.13% | 37.06% | 36.51% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $441,069K ÷ $1,237,937K
= 35.63%
Interface Inc.'s gross profit margin has shown some fluctuation over the past eight quarters. In Q4 2023, the gross profit margin was 34.96%, which increased from the previous quarter's 33.28%. However, compared to the same quarter in the prior year, there was a slight decrease from 33.73%. Over the past two years, the gross profit margin has ranged between 32.69% and 35.91%. Overall, the company has maintained a relatively stable gross profit margin, with minor fluctuations seen in recent quarters. This suggests that Interface Inc. has been able to effectively manage its cost of goods sold and maintain a reasonable level of profitability from its core operations.
Peer comparison
Dec 31, 2023