Central Garden & Pet Company (CENT)

Gross profit margin

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Gross profit	US$ in thousands	943,735	946,842	992,305	970,901	796,558
Revenue	US$ in thousands	3,200,460	3,310,100	3,338,590	3,303,680	2,695,510
Gross profit margin		29.49%	28.60%	29.72%	29.39%	29.55%

September 30, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $943,735K ÷ $3,200,460K
= 29.49%

The gross profit margin of Central Garden & Pet Company has shown slight fluctuations over the past five years. It decreased marginally from 29.55% in 2020 to 29.39% in 2021 before increasing to 29.72% in 2022. However, there was a slight decrease to 28.60% in 2023, followed by an increase to 29.49% in 2024. Overall, the company has maintained a relatively stable gross profit margin within the range of 28.60% to 29.72% over the period analyzed. This indicates the company's ability to effectively manage its production costs and generate profits from its core operations.

Peer comparison

Sep 30, 2024

Company name

Symbol

Gross profit margin

Central Garden & Pet Company

CENT

29.49%

Central Garden & Pet Company A