Cabot Corporation (CBT)
Gross profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 960,000 | 839,000 | 885,000 | 799,000 | 500,000 |
| Revenue | US$ in thousands | 3,994,000 | 3,931,000 | 4,321,000 | 3,409,000 | 2,614,000 |
| Gross profit margin | 24.04% | 21.34% | 20.48% | 23.44% | 19.13% |
September 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $960,000K ÷ $3,994,000K
= 24.04%
Cabot Corporation's gross profit margin has shown improvement over the past five years, with a notable increase from 19.13% in 2020 to 24.04% in 2024. This indicates the company has been able to more efficiently manage its production costs and generate higher margins on its sales. The trend showcases a positive trajectory in profitability, which is a key indicator of the company's operational performance. However, it will be important to continue monitoring this ratio to ensure consistency and sustainability in the company's profitability levels.
Peer comparison
Sep 30, 2024