Inter (INTR) Gross Margin (2021 - 2023)
Inter (INTR) reported Gross Margin of 102.54% for Q4 2023, up 446.0% on a YoY basis from 18.78% in Q4 2022, and up 9.71% quarter-over-quarter from 93.47% in Q3 2023.
Inter (INTR) Gross Margin (2021 - 2023) Analysis & Trends
Inter has reported Gross Margin for 3 years, with the latest figure at 102.54% in Q4 2023.
- For the quarter ending Q4 2023, Gross Margin rose 446.0% year-over-year to 102.54%; the trailing twelve-month figure through Dec 2023 stood at 97.1% (up 45.0% YoY), and the FY2025 full-year result was 97.83%, up 7.0% from the prior year.
- Gross Margin for Q4 2023 stood at 102.54%, up from 93.47% in the prior quarter.
- The five-year high for Gross Margin was 102.54% in Q4 2023, with the low at 93.43% in Q3 2021.
- Historically, Gross Margin has averaged 96.63% across 3 years, with a median of 96.03% in 2023.
- The largest YoY upside for Gross Margin was 446 bps in 2023 against a maximum downside of 189 bps in 2023.
- Inter's Gross Margin stood at 93.43% in 2021, then climbed by 5 bps to 98.08% in 2022, then climbed by 5 bps to 102.54% in 2023.
- The last three Gross Margin figures came in at 102.54% (Q4 2023), 93.47% (Q3 2023), and 96.03% (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | - |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | - |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Inter | 14.25 Mn | -806.45 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 102.54% |
| Sep 30, 2023 | 93.47% |
| Jun 30, 2023 | 96.03% |
| Mar 31, 2023 | 96.93% |
| Dec 31, 2022 | 98.08% |
| Sep 30, 2022 | 95.36% |
| Jun 30, 2022 | 95.88% |
| Mar 31, 2022 | 97.93% |
| Sep 30, 2021 | 93.43% |