NCR Voyix Corporation (VYX)
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 | 579,000 | 922,000 | 1,383,000 | 1,726,000 | 2,000,000 | 2,116,000 | 1,980,000 | 1,913,000 | 1,858,000 | 1,876,000 | 1,905,000 | 1,890,000 | 1,893,000 | 1,718,000 | 1,625,000 | 1,541,000 | 1,524,000 | 1,728,000 | 1,808,000 | 1,907,000 |
| Revenue (ttm) | US$ in thousands | 2,826,000 | 3,412,000 | 4,718,000 | 5,828,000 | 6,857,000 | 7,903,000 | 7,858,000 | 7,869,000 | 7,844,000 | 7,869,000 | 7,798,000 | 7,478,000 | 7,156,000 | 6,753,000 | 6,441,000 | 6,248,000 | 6,207,000 | 6,462,000 | 6,656,000 | 6,882,000 |
| Gross profit margin | 20.49% | 27.02% | 29.31% | 29.62% | 29.17% | 26.77% | 25.20% | 24.31% | 23.69% | 23.84% | 24.43% | 25.27% | 26.45% | 25.44% | 25.23% | 24.66% | 24.55% | 26.74% | 27.16% | 27.71% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $579,000K ÷ $2,826,000K
= 20.49%
The gross profit margin of NCR Voyix Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The margin started at 27.71% in March 2020, gradually decreased to 24.55% by December 2020, and then fluctuated within a range before a significant increase to 29.17% by December 2023. However, there was a sharp decline to 20.49% by December 2024.
Overall, the trend indicates some volatility in the company's ability to generate profit from its core business activities. It would be essential for stakeholders to further investigate the factors contributing to the fluctuations in the gross profit margin, particularly the steep decline observed in the last quarter of 2024, to assess the company's operational efficiency and profitability sustainability.