Astec Industries Inc (ASTE)

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	328,200	314,400	317,200	318,600	330,800	313,700	309,500	287,200	264,100	246,000	242,900	249,300	251,700	254,700	242,800	235,400	240,900	218,427	219,887	243,737
Revenue (ttm)	US$ in thousands	1,305,100	1,283,300	1,295,000	1,299,500	1,338,200	1,350,900	1,363,000	1,331,200	1,274,500	1,192,400	1,144,200	1,104,000	1,097,200	1,068,300	1,032,700	1,020,000	1,024,400	1,068,724	1,093,131	1,132,633
Gross profit margin		25.15%	24.50%	24.49%	24.52%	24.72%	23.22%	22.71%	21.57%	20.72%	20.63%	21.23%	22.58%	22.94%	23.84%	23.51%	23.08%	23.52%	20.44%	20.12%	21.52%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $328,200K ÷ $1,305,100K
= 25.15%

The gross profit margin of Astec Industries Inc has shown fluctuations over the periods provided in the data. It started at 21.52% on March 31, 2020, and declined to 20.12% by June 30, 2020, before gradually increasing to 25.15% by December 31, 2024. Overall, the trend has seen periods of both decline and growth, with the most recent data indicating an improvement in the gross profit margin. This metric reflects the company's ability to generate profits from its core operations after accounting for the cost of goods sold.

Peer comparison

Dec 31, 2024

Company name

Symbol

Gross profit margin

Astec Industries Inc

ASTE

25.15%