Smith AO Corporation (AOS)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,456,100 | 1,487,800 | 1,506,700 | 1,495,400 | 1,484,800 | 1,463,600 | 1,412,400 | 1,362,100 | 1,329,600 | 1,341,600 | 1,376,900 | 1,363,900 | 1,310,900 | 1,274,400 | 1,231,200 | 1,157,300 | 1,108,200 | 1,079,100 | 1,066,200 | 1,127,400 |
| Revenue (ttm) | US$ in thousands | 3,817,100 | 3,891,700 | 3,924,200 | 3,856,200 | 3,840,800 | 3,786,500 | 3,723,200 | 3,730,700 | 3,744,500 | 3,805,900 | 3,847,700 | 3,742,800 | 3,534,600 | 3,375,000 | 3,219,800 | 3,022,300 | 2,889,000 | 2,805,400 | 2,772,100 | 2,872,700 |
| Gross profit margin | 38.15% | 38.23% | 38.40% | 38.78% | 38.66% | 38.65% | 37.94% | 36.51% | 35.51% | 35.25% | 35.79% | 36.44% | 37.09% | 37.76% | 38.24% | 38.29% | 38.36% | 38.47% | 38.46% | 39.25% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,456,100K ÷ $3,817,100K
= 38.15%
Smith AO Corporation's gross profit margin has shown a slight decrease over the past few quarters, declining from 39.25% as of March 31, 2020, to 38.15% as of December 31, 2024. This indicates that the company's profitability from sales has been gradually eroding. The downward trend may raise concerns about the company's ability to maintain efficient cost management or sustain competitive pricing strategies. Management should closely monitor the trend and consider implementing measures to improve operational efficiency and preserve profit margins in the future.
Peer comparison
Dec 31, 2024
Company name
Symbol
Gross profit margin
Smith AO Corporation
AOS
38.15%
Whirlpool Corporation
WHR
15.89%