YETI Holdings Inc (YETI)
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 | 1,063,284 | 1,052,073 | 1,025,597 | 976,129 | 943,186 | 794,994 | 766,150 | 770,411 | 763,401 | 851,175 | 835,771 | 825,789 | 816,113 | 786,148 | 753,121 | 681,529 | 628,803 | 566,293 | 512,393 | 491,145 |
| Revenue (ttm) | US$ in thousands | 1,829,873 | 1,803,126 | 1,758,247 | 1,697,311 | 1,658,713 | 1,586,916 | 1,586,911 | 1,604,390 | 1,595,222 | 1,590,351 | 1,519,438 | 1,457,063 | 1,410,989 | 1,343,632 | 1,275,592 | 1,164,863 | 1,091,721 | 1,013,555 | 948,077 | 932,793 |
| Gross profit margin | 58.11% | 58.35% | 58.33% | 57.51% | 56.86% | 50.10% | 48.28% | 48.02% | 47.86% | 53.52% | 55.01% | 56.67% | 57.84% | 58.51% | 59.04% | 58.51% | 57.60% | 55.87% | 54.05% | 52.65% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,063,284K ÷ $1,829,873K
= 58.11%
YETI Holdings Inc's gross profit margin has shown fluctuations over the period indicated in the data provided. The margin improved steadily from March 31, 2020, to June 30, 2021, reaching its peak of 59.04%. Subsequently, there was a slight decline in the margin over the next few quarters. Notably, there was a significant drop in gross profit margin from December 31, 2022, to March 31, 2023, which reached its lowest point of 47.86%.
However, there was a recovery in the gross profit margin from March 31, 2023, to June 30, 2024, where it consistently increased. YETI Holdings Inc's gross profit margin stabilized around the range of 58% from March 31, 2024, to December 31, 2024. It is essential for investors and stakeholders to monitor these fluctuations in the gross profit margin to assess the company's ability to generate profits from its core operations.
Peer comparison
Dec 31, 2024