American Woodmark Corporation (AMWD)
Gross profit margin
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 306,550 | 322,440 | 343,616 | 361,064 | 377,807 | 390,411 | 384,811 | 380,386 | 357,524 | 330,550 | 307,030 | 259,990 | 226,686 | 230,763 | 254,763 | 292,580 | 319,275 | 320,738 | 317,266 | 314,805 |
| Revenue (ttm) | US$ in thousands | 1,709,585 | 1,762,468 | 1,786,990 | 1,808,375 | 1,847,502 | 1,875,319 | 1,933,930 | 2,021,562 | 2,066,200 | 2,086,811 | 2,065,834 | 1,957,498 | 1,857,186 | 1,828,870 | 1,801,088 | 1,796,508 | 1,744,014 | 1,669,821 | 1,633,622 | 1,613,055 |
| Gross profit margin | 17.93% | 18.29% | 19.23% | 19.97% | 20.45% | 20.82% | 19.90% | 18.82% | 17.30% | 15.84% | 14.86% | 13.28% | 12.21% | 12.62% | 14.14% | 16.29% | 18.31% | 19.21% | 19.42% | 19.52% |
April 30, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $306,550K ÷ $1,709,585K
= 17.93%
The gross profit margin of American Woodmark Corporation has exhibited notable fluctuations from July 2020 through April 2025. Initially, the margin remained relatively stable, averaging approximately 19.4%, with slight declines over several quarters, reaching a low of around 12.21% in April 2022. This period marked a significant compression in gross profitability, which could reflect increased cost pressures, competitive challenges, or restructuring of product pricing strategies.
Following the April 2022 trough, there was a discernible upward trend in the gross profit margin, rising steadily from approximately 12.21% to nearly 20.82% by January 2024. This recovery suggests an improvement in either the company's pricing power, a reduction in production costs, or enhanced operational efficiency. The margin trend continued with some minor fluctuations, maintaining levels close to 20% through mid-2024.
Towards the latter part of the observed period, the gross profit margin experienced slight declines, dipping to approximately 17.93% by April 2025. Overall, the pattern reflects a period of considerable volatility, with an initial decline followed by a recovery that brought the gross margin back to near pre-downturn levels. The data implies that American Woodmark has managed to restore and maintain a relatively healthy gross profitability going into 2024, though subsequent modest declines indicate potential ongoing cost or competitive pressures.