Cabot Corporation (CBT)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 876,000 | 839,000 | 834,000 | 846,000 | 868,000 | 885,000 | 843,000 | 822,000 | 804,000 | 799,000 | 758,000 | 613,000 | 552,000 | 500,000 | 534,000 | 635,000 | 660,000 | 685,000 | 725,000 | 752,000 |
| Revenue (ttm) | US$ in thousands | 3,924,000 | 3,931,000 | 4,078,000 | 4,259,000 | 4,318,000 | 4,321,000 | 4,113,000 | 3,881,000 | 3,631,000 | 3,409,000 | 3,164,000 | 2,765,000 | 2,633,000 | 2,614,000 | 2,782,000 | 3,109,000 | 3,243,000 | 3,337,000 | 3,360,000 | 3,369,000 |
| Gross profit margin | 22.32% | 21.34% | 20.45% | 19.86% | 20.10% | 20.48% | 20.50% | 21.18% | 22.14% | 23.44% | 23.96% | 22.17% | 20.96% | 19.13% | 19.19% | 20.42% | 20.35% | 20.53% | 21.58% | 22.32% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $876,000K ÷ $3,924,000K
= 22.32%
The gross profit margin of Cabot Corp. has shown varying trends over the past eight quarters. It ranged from a low of 19.86% in Q2 2023 to a high of 22.32% in Q1 2024. Overall, the company has managed to maintain a relatively stable gross profit margin within the range of 19.86% to 22.32%, with a slight improvement in recent quarters.
The trend indicates that Cabot Corp. has been able to effectively manage its cost of goods sold relative to its revenue generation during this period. An increasing gross profit margin could suggest improved operational efficiency, cost control measures, or possibly higher pricing power in the market. Conversely, a decreasing gross profit margin may be a result of increasing production costs or pricing pressures.
Further analysis of the factors influencing the gross profit margin, such as changes in sales volume, pricing strategies, or cost structure, would be necessary to provide a more in-depth understanding of Cabot Corp.'s performance in this area.
Peer comparison
Dec 31, 2023