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NSIT (Insight Enterprises) Gross Margin % : 20.69% (As of Sep. 2024)


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What is Insight Enterprises Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Insight Enterprises's Gross Profit for the three months ended in Sep. 2024 was $432 Mil. Insight Enterprises's Revenue for the three months ended in Sep. 2024 was $2,088 Mil. Therefore, Insight Enterprises's Gross Margin % for the quarter that ended in Sep. 2024 was 20.69%.


The historical rank and industry rank for Insight Enterprises's Gross Margin % or its related term are showing as below:

NSIT' s Gross Margin % Range Over the Past 10 Years
Min: 13.33   Med: 14.38   Max: 19.88
Current: 19.88


During the past 13 years, the highest Gross Margin % of Insight Enterprises was 19.88%. The lowest was 13.33%. And the median was 14.38%.

NSIT's Gross Margin % is ranked worse than
61.31% of 2422 companies
in the Hardware industry
Industry Median: 24.655 vs NSIT: 19.88

Insight Enterprises had a gross margin of 20.69% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Insight Enterprises was 4.30% per year.


Insight Enterprises Gross Margin % Historical Data

The historical data trend for Insight Enterprises's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Insight Enterprises Gross Margin % Chart

Insight Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.72 15.59 15.34 15.69 18.19

Insight Enterprises Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.04 19.51 18.53 20.97 20.69

Competitive Comparison of Insight Enterprises's Gross Margin %

For the Electronics & Computer Distribution subindustry, Insight Enterprises's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Insight Enterprises's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Insight Enterprises's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Insight Enterprises's Gross Margin % falls into.



Insight Enterprises Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Insight Enterprises's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1669.5 / 9175.84
=(Revenue - Cost of Goods Sold) / Revenue
=(9175.84 - 7506.315) / 9175.84
=18.19 %

Insight Enterprises's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=432.1 / 2087.886
=(Revenue - Cost of Goods Sold) / Revenue
=(2087.886 - 1655.801) / 2087.886
=20.69 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Insight Enterprises  (NAS:NSIT) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Insight Enterprises had a gross margin of 20.69% for the quarter that ended in Sep. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Insight Enterprises Gross Margin % Related Terms

Thank you for viewing the detailed overview of Insight Enterprises's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Insight Enterprises Business Description

Traded in Other Exchanges
Address
2701 E. Insight Way, Chandler, AZ, USA, 85286
Insight Enterprises Inc is a Fortune IT provider engaged in helping businesses of all sizes, large enterprises, governments, schools, and healthcare organizations. The company has three geographic operating segments: North America, EMEA, and APAC. It generates maximum revenue from the North America segment. The company provides digital innovation, cloud/data center transformation, connected workforce, and supply chain optimization solutions and services.
Executives
Jennifer M Vasin officer: Chief Human Resources Officer 2701 E INSIGHT WAY, CHANDLER AZ 85286
Kathleen S Pushor director 8575 E VOLTAIRE AVE, SCOTTSDALE AZ 85260
Adrian P Gregory officer: President, EMEA 2701 E INSIGHT WAY, CHANDLER AZ 85286
Valueact Capital Master Fund, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Catherine Courage director 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Joyce A Mullen officer: President, North America 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Richard E Allen director C/O J.D. EDWARDS & CO, ONE TECHNOLOGY WAY, DENVER CO 80237
Samuel C Cowley officer: SVP, Gen'l Counsel & Secretary 2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
Rachael A Bertrandt officer: Principal Accounting Officer INSIGHT ENTEPRISES, INC., 2701 E INSIGHT WAY, CHANDLER AZ 85286
Timothy A Crown director, officer: CEO, President 6820 S HARL AVE, TEMPE AZ 85283
Glynis Bryan officer: CFO 5500 WAYZATA BOULEVARD, SUITE 600, GOLDEN VALLEY MN 55416
Daniel Burger officer: President INA 6820 S HARL AVENUE, TEMPE AZ 85283
Sumana Nallapati officer: Chief Information Officer 6820 S HARL AVENUE, TEMPE AZ 85283
Valueact Capital Management, Llc director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Alexander L. Baum director ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129