The Clorox Company (CLX)
Gross profit margin
| 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 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 3,048,000 | 3,026,000 | 3,060,000 | 2,814,000 | 2,908,000 | 2,714,000 | 2,563,000 | 2,501,000 | 2,545,000 | 2,545,000 | 2,670,000 | 2,949,000 | 3,199,000 | 3,460,000 | 3,518,000 | 3,320,000 | 3,063,000 | 2,868,000 | 2,709,000 | 2,713,000 |
| Revenue (ttm) | US$ in thousands | 7,076,000 | 7,090,000 | 7,190,000 | 6,933,000 | 7,286,000 | 7,062,000 | 6,959,000 | 6,935,000 | 6,998,000 | 7,039,000 | 7,007,000 | 7,157,000 | 7,267,000 | 7,448,000 | 7,451,000 | 7,057,000 | 6,647,000 | 6,291,000 | 6,059,000 | 6,108,000 |
| Gross profit margin | 43.08% | 42.68% | 42.56% | 40.59% | 39.91% | 38.43% | 36.83% | 36.06% | 36.37% | 36.16% | 38.10% | 41.20% | 44.02% | 46.46% | 47.22% | 47.05% | 46.08% | 45.59% | 44.71% | 44.42% |
June 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,048,000K ÷ $7,076,000K
= 43.08%
The gross profit margin of The Clorox Company has shown a fluctuating trend over the past few quarters. It has ranged from a low of 36.06% in Sep 30, 2022, to a high of 47.22% in Mar 31, 2021. The overall trend indicates some variability in the company's ability to generate profits from its core operations.
In the most recent quarter (Jun 30, 2024), the gross profit margin stands at 43.08%, reflecting an improvement compared to the previous quarter. This suggests that the company has been able to effectively manage its cost of goods sold relative to its sales revenue.
It is crucial for investors and stakeholders to closely monitor the gross profit margin of The Clorox Company, as it provides insights into the company's profitability and operational efficiency. Further analysis, in conjunction with other financial metrics, can help in assessing the overall financial health and performance of the company.