Walgreens Boots Alliance Inc (WBA)
Gross profit margin
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 26,525,000 | 26,747,000 | 26,875,000 | 26,889,000 | 27,071,000 | 27,006,000 | 26,990,000 | 27,643,000 | 28,264,000 | 29,357,000 | 29,938,000 | 29,011,000 | 28,067,000 | 26,888,000 | 25,694,000 | 25,930,000 | 26,077,000 | 26,981,000 | 28,475,000 | 29,212,000 |
| Revenue (ttm) | US$ in thousands | 148,445,000 | 145,518,000 | 144,409,000 | 142,217,000 | 139,712,000 | 136,739,000 | 133,981,000 | 132,914,000 | 132,484,000 | 134,297,000 | 135,290,000 | 134,271,000 | 136,618,000 | 137,102,000 | 138,097,000 | 141,108,000 | 139,109,000 | 138,317,000 | 138,220,000 | 136,893,000 |
| Gross profit margin | 17.87% | 18.38% | 18.61% | 18.91% | 19.38% | 19.75% | 20.14% | 20.80% | 21.33% | 21.86% | 22.13% | 21.61% | 20.54% | 19.61% | 18.61% | 18.38% | 18.75% | 19.51% | 20.60% | 21.34% |
August 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $26,525,000K ÷ $148,445,000K
= 17.87%
Walgreens Boots Alliance Inc's gross profit margin has exhibited a decreasing trend over the latest quarters. The margin declined from 21.34% in Feb 2020 to 17.87% in Aug 2024. This indicates that the company's cost of goods sold is increasing relative to its revenues. A declining gross profit margin could be attributed to factors such as pricing pressures, higher input costs, or inefficiencies in production processes. It is important for the company to closely monitor and manage its cost structure to improve its gross profit margin and overall profitability in the future.
Peer comparison
Aug 31, 2024
See also:
Walgreens Boots Alliance Inc Gross Profit Margin (Quarterly Data)