Church & Dwight Company Inc (CHD)
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 | 2,588,500 | 2,509,700 | 2,413,100 | 2,319,500 | 2,250,000 | 2,228,700 | 2,258,200 | 2,265,100 | 2,263,500 | 2,239,700 | 2,225,700 | 2,233,100 | 2,214,200 | 2,180,800 | 2,123,300 | 2,045,200 | 1,984,000 | 1,934,300 | 1,886,700 | 1,860,100 |
| Revenue (ttm) | US$ in thousands | 5,867,900 | 5,775,900 | 5,637,300 | 5,508,200 | 5,375,600 | 5,308,300 | 5,302,400 | 5,248,400 | 5,190,100 | 5,116,700 | 5,046,300 | 4,969,500 | 4,895,800 | 4,744,700 | 4,593,100 | 4,478,200 | 4,357,700 | 4,287,900 | 4,236,100 | 4,184,600 |
| Gross profit margin | 44.11% | 43.45% | 42.81% | 42.11% | 41.86% | 41.99% | 42.59% | 43.16% | 43.61% | 43.77% | 44.11% | 44.94% | 45.23% | 45.96% | 46.23% | 45.67% | 45.53% | 45.11% | 44.54% | 44.45% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,588,500K ÷ $5,867,900K
= 44.11%
Over the past eight quarters, Church & Dwight Co., Inc. has demonstrated a relatively stable gross profit margin, ranging from a low of 41.86% in Q4 2022 to a high of 44.11% in Q4 2023. The company's gross profit margin has generally shown a slight upward trend from Q4 2022 to Q4 2023, indicating improved efficiency in generating revenue after accounting for the cost of goods sold.
The average gross profit margin over this period is approximately 42.70%, suggesting that Church & Dwight has been able to maintain healthy margins on its products. This consistency in gross profit margin levels indicates that the company has been effectively managing its production costs and pricing strategies.
Overall, Church & Dwight Co., Inc.'s consistent and relatively stable gross profit margin performance reflects the company's ability to maintain profitability and control costs in its operations.
Peer comparison
Dec 31, 2023