Central Garden & Pet Company A (CENTA)
Gross profit margin
Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gross profit (ttm) | US$ in thousands | 943,735 | 972,236 | 973,230 | 953,988 | 946,842 | 949,080 | 938,654 | 965,808 | 992,305 | 1,005,385 | 1,018,069 | 1,003,678 | 970,901 | 954,245 | 895,995 | 830,711 | 796,558 | 748,967 | 706,191 | 705,125 |
Revenue (ttm) | US$ in thousands | 3,171,768 | 3,295,756 | 3,308,168 | 3,316,578 | 3,309,592 | 3,267,352 | 3,259,572 | 3,305,089 | 3,338,693 | 3,382,118 | 3,405,108 | 3,390,545 | 3,304,411 | 3,185,718 | 2,995,231 | 2,773,382 | 2,695,509 | 2,560,284 | 2,433,376 | 2,403,848 |
Gross profit margin | 29.75% | 29.50% | 29.42% | 28.76% | 28.61% | 29.05% | 28.80% | 29.22% | 29.72% | 29.73% | 29.90% | 29.60% | 29.38% | 29.95% | 29.91% | 29.95% | 29.55% | 29.25% | 29.02% | 29.33% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $943,735K ÷ $3,171,768K
= 29.75%
Central Garden & Pet Company A has shown relatively consistent gross profit margins over the past few quarters, ranging from 28.61% to 29.75%. The company's gross profit margin indicates the percentage of revenue remaining after accounting for the cost of goods sold, suggesting that the company effectively manages its production costs. The slight fluctuations in the gross profit margin over this period may be reflective of changes in pricing strategies, production efficiencies, or input costs. Overall, the company has maintained a stable gross profit margin, which is a positive indication of its ability to generate profits from its core operations.
Peer comparison
Sep 30, 2024