Cabot Corporation (CBT)
Gross profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 839,000 | 885,000 | 799,000 | 500,000 | 685,000 |
| Revenue | US$ in thousands | 3,931,000 | 4,321,000 | 3,409,000 | 2,614,000 | 3,337,000 |
| Gross profit margin | 21.34% | 20.48% | 23.44% | 19.13% | 20.53% |
September 30, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $839,000K ÷ $3,931,000K
= 21.34%
The gross profit margin of Cabot Corp. has exhibited some fluctuation over the past five years. In the most recent fiscal year ending on September 30, 2023, the gross profit margin stood at 21.34%, showing a slight improvement from the previous year. This suggests that the company was able to effectively manage its direct production costs and increase its profitability from the sale of goods. Despite the fluctuations in the gross profit margin over the years, the company's ability to maintain a margin above 20% indicates its resilience in generating profits from its core operations. However, further analysis would be required to understand the specific factors driving the changes in the gross profit margin and to assess its overall impact on the company's financial performance.
Peer comparison
Sep 30, 2023