Berry Global Group Inc (BERY)
Gross profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 928,000 | 1,069,000 | 1,231,000 | 1,276,000 | 2,408,000 |
| Revenue | US$ in thousands | 12,258,000 | 12,663,000 | 14,493,000 | 13,848,000 | 11,695,000 |
| Gross profit margin | 7.57% | 8.44% | 8.49% | 9.21% | 20.59% |
September 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $928,000K ÷ $12,258,000K
= 7.57%
Berry Global Group Inc's gross profit margin has shown a declining trend over the past five years, decreasing from 20.59% in Sep 30, 2020, to 7.57% in Sep 30, 2024. This indicates a decreasing percentage of revenue retained after accounting for the cost of goods sold. The downward trend suggests potential challenges in maintaining a competitive pricing strategy, controlling production costs, or managing inefficiencies in the supply chain. Further analysis would be necessary to identify the specific factors driving this decline and to assess the implications for the company's overall profitability and financial health.
Peer comparison
Sep 30, 2024