American Woodmark Corporation (AMWD)
Gross profit margin
| Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 377,807 | 390,411 | 384,811 | 380,386 | 357,524 | 330,550 | 306,965 | 259,845 | 226,444 | 231,098 | 256,839 | 295,897 | 322,118 | 320,083 | 329,637 | 333,484 | 341,039 | 345,544 | 345,256 | 346,473 |
| Revenue (ttm) | US$ in thousands | 1,848,918 | 1,882,647 | 1,938,887 | 2,024,050 | 2,066,902 | 2,081,573 | 2,062,231 | 1,955,957 | 1,857,937 | 1,835,933 | 1,805,073 | 1,796,872 | 1,738,985 | 1,640,397 | 1,634,769 | 1,611,322 | 1,635,965 | 1,631,214 | 1,635,512 | 1,645,319 |
| Gross profit margin | 20.43% | 20.74% | 19.85% | 18.79% | 17.30% | 15.88% | 14.89% | 13.28% | 12.19% | 12.59% | 14.23% | 16.47% | 18.52% | 19.51% | 20.16% | 20.70% | 20.85% | 21.18% | 21.11% | 21.06% |
April 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $377,807K ÷ $1,848,918K
= 20.43%
American Woodmark Corporation's gross profit margin has shown a general decreasing trend over the past few years, starting at 21.06% in October 2019 and decreasing to 20.43% in April 2024. This indicates that the company's cost of goods sold as a percentage of its revenue has been increasing over this period.
However, it is worth noting that the gross profit margin experienced fluctuations in different periods, potentially influenced by various factors such as changes in raw material costs, pricing strategies, or operational efficiencies. Moreover, the company managed to maintain its gross profit margin above 20% for most of the periods, which is generally considered a healthy level for many industries.
Further analysis of the company's financial performance, along with consideration of other financial ratios and relevant industry benchmarks, would provide a more comprehensive understanding of American Woodmark Corporation's overall profitability and operational efficiency.