Xerox Corp (XRX)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 4,981,000 | 263,000 | 352,000 | 372,000 | 255,000 | 5,133,000 | 5,192,000 | 5,256,000 | 5,317,000 | 5,270,000 | 5,225,000 | 4,940,000 | 4,877,000 | 5,388,000 | 5,771,000 |
| Revenue (ttm) | US$ in thousands | 7,029,000 | 7,162,000 | 7,264,000 | 7,275,000 | 7,228,000 | 7,131,000 | 7,170,000 | 7,234,000 | 7,299,000 | 7,375,000 | 7,384,000 | 7,080,000 | 7,189,000 | 7,720,000 | 8,175,000 |
| Gross profit margin | 70.86% | 3.67% | 4.85% | 5.11% | 3.53% | 71.98% | 72.41% | 72.66% | 72.85% | 71.46% | 70.76% | 69.77% | 67.84% | 69.79% | 70.59% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,981,000K ÷ $7,029,000K
= 70.86%
The gross profit margin of Xerox Holdings Corp has displayed a generally stable trend over the past eight quarters, ranging from 33.57% in Q3 2022 to 35.78% in Q3 2023. The margins have consistently remained above 33%, indicating that the company has been able to effectively manage the costs associated with producing its goods and services.
The highest gross profit margin was recorded in Q3 2023 at 35.78%, while the lowest was in Q3 2022 at 33.57%. This suggests an improvement in profitability over the quarters analyzed. The average gross profit margin over this period is approximately 34.70%.
Overall, Xerox Holdings Corp has maintained a healthy gross profit margin, reflecting its ability to generate profit from its core business operations after accounting for the cost of goods sold. This metric is key for assessing the company's operational efficiency and pricing strategy, indicating its ability to control production costs and potentially generate strong earnings moving forward.
Peer comparison
Dec 31, 2023