Walgreens Boots Alliance Inc (WBA)
Gross profit margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 26,524,000 | 27,072,000 | 28,265,000 | 28,067,000 | 26,078,000 |
| Revenue | US$ in thousands | 149,391,000 | 140,471,000 | 132,961,000 | 131,917,000 | 138,974,000 |
| Gross profit margin | 17.75% | 19.27% | 21.26% | 21.28% | 18.76% |
August 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $26,524,000K ÷ $149,391,000K
= 17.75%
Walgreens Boots Alliance Inc's gross profit margin has exhibited a declining trend over the past five years. The margin decreased from 18.76% in August 2020 to 17.75% in August 2024. This may indicate challenges in effectively managing the cost of goods sold relative to sales revenue. Despite a slight increase in 2023, the general downward trend suggests the company may be facing pressures on profitability and operational efficiency. Further analysis of the underlying reasons for the decreasing gross profit margin would be necessary to assess the overall financial health and competitive position of Walgreens Boots Alliance Inc.
Peer comparison
Aug 31, 2024