TripAdvisor Inc (TRIP)
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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,661,000 | 1,582,000 | 1,587,000 | 1,610,000 | 1,614,000 | 1,609,000 | 1,546,000 | 1,479,000 | 1,377,000 | 1,274,000 | 1,127,000 | 957,000 | 828,000 | 710,000 | 568,000 | 401,000 | 549,000 | 760,000 | 1,025,000 | 1,371,000 |
| Revenue (ttm) | US$ in thousands | 1,835,000 | 1,814,000 | 1,815,000 | 1,812,000 | 1,788,000 | 1,752,000 | 1,678,000 | 1,601,000 | 1,492,000 | 1,379,000 | 1,223,000 | 1,041,000 | 902,000 | 777,000 | 625,000 | 449,000 | 604,000 | 823,000 | 1,100,000 | 1,463,000 |
| Gross profit margin | 90.52% | 87.21% | 87.44% | 88.85% | 90.27% | 91.84% | 92.13% | 92.38% | 92.29% | 92.39% | 92.15% | 91.93% | 91.80% | 91.38% | 90.88% | 89.31% | 90.89% | 92.35% | 93.18% | 93.71% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,661,000K ÷ $1,835,000K
= 90.52%
The gross profit margin of TripAdvisor Inc has displayed some fluctuations over the reported periods. Starting at a high of 93.71% on March 31, 2020, the gross profit margin experienced a gradual decline, reaching its lowest at 87.44% on June 30, 2024. However, there was a significant improvement in the following quarter, with the margin increasing to 90.52% by December 31, 2024.
Overall, the trend indicates a general decline followed by a slight recovery in the latter periods. It is worth noting that despite the fluctuations, the gross profit margin has generally remained above 90%, reflecting the company's ability to generate profits after accounting for the cost of goods sold. This metric provides insights into the efficiency of TripAdvisor Inc's operations in managing production costs and pricing strategies to maintain profitability.
Peer comparison
Dec 31, 2024