Urban Outfitters Inc (URBN)

Gross profit margin

		Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019	Apr 30, 2019
Gross profit (ttm)	US$ in thousands	1,715,404	1,653,539	1,556,175	1,475,146	1,427,216	1,422,192	1,455,887	1,516,600	1,493,950	1,415,738	1,347,941	1,150,714	861,906	906,615	904,776	982,613	1,239,826	1,278,543	1,295,139	1,335,108
Revenue (ttm)	US$ in thousands	5,141,360	5,044,760	4,939,370	4,850,560	4,788,820	4,741,910	4,698,940	4,673,270	4,548,755	4,303,975	4,142,162	3,787,708	3,434,248	3,501,798	3,519,660	3,678,723	3,969,181	3,939,611	3,925,675	3,955,800
Gross profit margin		33.36%	32.78%	31.51%	30.41%	29.80%	29.99%	30.98%	32.45%	32.84%	32.89%	32.54%	30.38%	25.10%	25.89%	25.71%	26.71%	31.24%	32.45%	32.99%	33.75%

January 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,715,404K ÷ $5,141,360K
= 33.36%

The gross profit margin of Urban Outfitters Inc has shown some fluctuations over the past few quarters. From January 31, 2020, to January 31, 2023, the margin declined steadily from 31.24% to 29.80%. However, the company was able to improve its margin to 33.36% by January 31, 2024. This improvement in the most recent quarter suggests that Urban Outfitters Inc may have taken measures to enhance its profitability through cost management or pricing strategies. It would be important to monitor future trends to determine if the company can sustain or continue to improve its gross profit margin.