Urban Outfitters Inc (URBN)

Gross profit margin

		Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Gross profit	US$ in thousands	1,715,400	1,427,220	1,493,950	861,906	1,239,830
Revenue	US$ in thousands	5,141,360	4,788,830	4,548,760	3,434,250	3,969,180
Gross profit margin		33.36%	29.80%	32.84%	25.10%	31.24%

January 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $1,715,400K ÷ $5,141,360K
= 33.36%

The gross profit margin of Urban Outfitters Inc has shown fluctuations over the past five years. In the most recent fiscal year, ending January 31, 2024, the gross profit margin increased to 33.36% from 29.80% in the previous year. This indicates that the company was able to improve its profitability on sales after accounting for the cost of goods sold.

Compared to the fiscal year ending January 31, 2020, where the gross profit margin was 31.24%, the company's performance in terms of profitability has improved over the past four years. The gross profit margin was at its lowest in January 31, 2021, at 25.10%, indicating challenges in managing production and inventory costs during that period.

Overall, the increasing trend in the gross profit margin of Urban Outfitters Inc from 2021 to 2024 reflects positively on the company's ability to effectively control its production costs and generate higher profits from its sales. Further analysis of the factors influencing these fluctuations could provide insights into the company's operational efficiency and competitive positioning in the retail industry.