TripAdvisor Inc (TRIP)
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 | 355,000 | 306,000 | 301,000 | 302,000 | 281,000 | 255,000 | 197,000 | 100,000 | 38,000 | -26,000 | -95,000 | -227,000 | -127,000 | 258,000 | 435,000 | 719,000 | 805,000 | 816,000 | 852,000 | 851,000 |
| Revenue (ttm) | US$ in thousands | 1,744,000 | 1,712,000 | 1,638,000 | 1,561,000 | 1,451,000 | 1,337,000 | 1,180,000 | 998,000 | 860,000 | 731,000 | 578,000 | 402,000 | 566,000 | 797,000 | 1,086,000 | 1,459,000 | 1,557,000 | 1,568,000 | 1,599,000 | 1,611,000 |
| Gross profit margin | 20.36% | 17.87% | 18.38% | 19.35% | 19.37% | 19.07% | 16.69% | 10.02% | 4.42% | -3.56% | -16.44% | -56.47% | -22.44% | 32.37% | 40.06% | 49.28% | 51.70% | 52.04% | 53.28% | 52.82% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $355,000K ÷ $1,744,000K
= 20.36%
TripAdvisor Inc. has demonstrated consistently high gross profit margins over the analyzed periods, ranging from 91.67% to 92.32%. This indicates the company's ability to effectively manage its production costs and maintain strong pricing power in its operations. The slight fluctuations in gross profit margin are relatively minor and suggest that TripAdvisor has been able to maintain stable profitability levels despite potential cost variations. Overall, the high and stable gross profit margins reflect the company's efficiency in generating profits from its core business activities.
Peer comparison
Dec 31, 2023