Azenta Inc (AZTA)
Gross profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 263,367 | 263,140 | 255,584 | 243,809 | 172,148 |
| Revenue | US$ in thousands | 650,019 | 667,215 | 2,683,250 | 501,137 | 887,939 |
| Gross profit margin | 40.52% | 39.44% | 9.53% | 48.65% | 19.39% |
September 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $263,367K ÷ $650,019K
= 40.52%
The gross profit margin of Azenta Inc has shown fluctuations over the past five years, ranging from as low as 9.53% in 2022 to a high of 48.65% in 2021. The trend indicates a general increase in the margin from 2020 to 2021, followed by a decline in 2022, and subsequent improvements in 2023 and 2024. The company's ability to generate profit after accounting for the cost of goods sold has varied, with the most significant improvement occurring in 2021. Further analysis of the reasons behind these fluctuations, such as changes in pricing strategies, cost structures, or sales volume, could provide insights into Azenta Inc's operational performance over the years.
Peer comparison
Sep 30, 2024