Central Garden & Pet Company A (CENTA)
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%
Central Garden & Pet Company A has experienced fluctuations in its gross profit margin over the past five years. The gross profit margin for the most recent fiscal year ending on September 30, 2024, was 29.49%, showing a slight increase compared to the previous year. However, when compared to the figures from the two preceding years, the gross profit margin in 2024 was lower. Overall, the company's gross profit margin has been relatively stable, hovering around the 29% mark, indicating consistent management of cost of goods sold relative to revenue generation. It is important for investors and management to continue monitoring this metric to ensure healthy profitability and operational efficiency.
Peer comparison
Sep 30, 2024