Acuity Brands Inc (AYI)
Gross profit margin
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,781,700 | 1,735,700 | 1,730,800 | 1,725,100 | 1,713,200 | 1,733,000 | 1,730,800 | 1,703,400 | 1,672,700 | 1,629,500 | 1,571,000 | 1,528,400 | 1,475,000 | 1,430,800 | 1,371,800 | 1,379,000 | 1,402,400 | 1,422,000 | 1,478,000 | 1,468,000 |
| Revenue (ttm) | US$ in thousands | 3,822,700 | 3,789,100 | 3,813,600 | 3,850,400 | 3,913,100 | 4,022,500 | 4,082,500 | 4,049,200 | 3,979,100 | 3,887,700 | 3,727,000 | 3,594,000 | 3,461,000 | 3,363,200 | 3,240,000 | 3,287,700 | 3,326,400 | 3,379,200 | 3,547,600 | 3,575,500 |
| Gross profit margin | 46.61% | 45.81% | 45.38% | 44.80% | 43.78% | 43.08% | 42.40% | 42.07% | 42.04% | 41.91% | 42.15% | 42.53% | 42.62% | 42.54% | 42.34% | 41.94% | 42.16% | 42.08% | 41.66% | 41.06% |
August 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,781,700K ÷ $3,822,700K
= 46.61%
The gross profit margin of Acuity Brands Inc has shown a generally increasing trend over the past few years, reflecting the company's ability to effectively manage its cost of goods sold and generate higher profits from its revenue. From Nov 2019 to Aug 2024, the gross profit margin has improved from 41.06% to 46.61%, indicating an enhancement in the company's efficiency in production and pricing strategies. This steady improvement suggests that Acuity Brands Inc has been successful in controlling its direct costs and improving the profitability of its core operations. Additionally, the consistently rising gross profit margin may indicate that the company is maintaining a competitive position within its industry, achieving economies of scale, or implementing cost-saving measures effectively.
Peer comparison
Aug 31, 2024