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

Company name
Symbol
Gross profit margin
Central Garden & Pet Company A
CENTA
29.75%
Central Garden & Pet Company
CENT
29.75%
Vestis Corporation
VSTS
8.69%