NCR Voyix Corporation (VYX)
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 | 962,000 | 1,044,000 | 1,054,000 | 2,343,000 | 3,543,000 | 5,138,000 | 6,299,000 | 5,958,000 | 5,734,000 | 4,204,000 | 3,189,000 | 2,337,000 | 1,524,000 | 1,728,000 | 1,808,000 | 1,907,000 | 1,921,000 | 1,831,000 | 1,734,000 | 1,666,000 |
| Revenue (ttm) | US$ in thousands | 6,589,000 | 7,570,000 | 7,531,000 | 7,566,000 | 7,558,000 | 7,865,000 | 7,767,000 | 7,454,000 | 7,156,000 | 6,536,000 | 6,332,000 | 6,203,000 | 6,207,000 | 6,462,000 | 6,656,000 | 6,882,000 | 6,915,000 | 6,830,000 | 6,597,000 | 6,424,000 |
| Gross profit margin | 14.60% | 13.79% | 14.00% | 30.97% | 46.88% | 65.33% | 81.10% | 79.93% | 80.13% | 64.32% | 50.36% | 37.68% | 24.55% | 26.74% | 27.16% | 27.71% | 27.78% | 26.81% | 26.28% | 25.93% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $962,000K ÷ $6,589,000K
= 14.60%
The analysis of NCR Voyix Corporation's gross profit margin reveals fluctuations over time. The gross profit margin has experienced a significant decline from 81.10% in Jun 30, 2022, to 14.60% in Dec 31, 2023. This decline suggests a potential decrease in the company's ability to control production costs and manage its pricing strategies efficiently. The trend indicates a pattern of decreasing profitability, as seen in the substantial decrease in gross profit margin over the past few quarters. Further investigation into the company's cost structures and revenue streams may be warranted to address these concerning trends and enhance overall operational efficiency.