NSIT has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NSIT has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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:
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%.
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.
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.
Insight Enterprises Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Gross Margin % | Get a 7-Day Free Trial | 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 | 18.04 | 19.51 | 18.53 | 20.97 | 20.69 |
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.
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.
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.
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.
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 |
From GuruFocus
By GuruFocus News • 11-01-2024
By GuruFocus News • 10-23-2024
By GuruFocus Research • 05-30-2024
By GuruFocus News • 11-01-2024
By GuruFocus Research • 08-01-2024
By GuruFocus News • 10-09-2024
By Business Wire • 05-15-2024
By GuruFocus News • 11-13-2024
By Business Wire • 05-15-2024
By Business Wire • 08-07-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.