Ziff Davis Inc (ZD)

Gross profit margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Gross profit US$ in thousands 1,166,740 1,195,440 1,228,670 980,426 863,132
Revenue US$ in thousands 1,364,030 1,391,000 1,416,720 1,158,830 1,050,460
Gross profit margin 85.54% 85.94% 86.73% 84.60% 82.17%

December 31, 2023 calculation

Gross profit margin = Gross profit ÷ Revenue
= $1,166,740K ÷ $1,364,030K
= 85.54%

The gross profit margin of Ziff Davis Inc has displayed a generally positive trend over the past five years, indicating the company's ability to efficiently manage its production costs and generate profits from sales. The margin has fluctuated within a relatively narrow range, with a high of 86.73% in 2021 and a low of 82.70% in 2019. Despite these fluctuations, the margins are consistently high, reflecting strong pricing strategies and effective cost control measures. The most recent figure as of December 31, 2023, at 85.54%, suggests that Ziff Davis continues to maintain a healthy level of profitability relative to its revenue. Overall, the stability and high levels of the gross profit margin indicate that Ziff Davis Inc has been successful in optimizing its operations to generate profits.