ZoomInfo Technologies Inc (ZI)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,024,500 | 1,061,000 | 909,600 | 610,500 | 368,700 |
| Revenue | US$ in thousands | 1,213,600 | 1,190,000 | 1,050,400 | 695,600 | 392,000 |
| Gross profit margin | 84.42% | 89.16% | 86.60% | 87.77% | 94.06% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,024,500K ÷ $1,213,600K
= 84.42%
The gross profit margin of ZoomInfo Technologies Inc has exhibited a downward trend over the past five years. Starting at a high of 94.06% on December 31, 2020, the margin decreased to 87.77% by December 31, 2021, and continued to decline to 86.60% by December 31, 2022. However, there was a slight improvement in the margin to 89.16% by December 31, 2023 before dropping again to 84.42% by December 31, 2024.
This fluctuation in the gross profit margin indicates variations in the company's ability to generate profits from its core business operations after accounting for the cost of goods sold. The declining trend may suggest challenges in maintaining margins, potentially due to factors such as increased competition, rising costs, or changes in pricing strategies. ZoomInfo Technologies Inc may need to focus on strategies to improve operational efficiency and cost management to stabilize or increase its gross profit margin in the future.
Peer comparison
Dec 31, 2024