The Cooper Companies, Inc. Common Stock (COO)
Gross profit margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,595,700 | 2,357,900 | 2,139,600 | 1,955,800 | 1,534,800 |
| Revenue | US$ in thousands | 3,895,400 | 3,487,900 | 3,229,100 | 2,893,900 | 2,392,900 |
| Gross profit margin | 66.64% | 67.60% | 66.26% | 67.58% | 64.14% |
October 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,595,700K ÷ $3,895,400K
= 66.64%
The gross profit margin for The Cooper Companies, Inc. Common Stock has exhibited variations over the past five years, ranging from 64.14% in October 2020 to 67.60% in October 2023. In the most recent fiscal year ending October 31, 2024, the gross profit margin stood at 66.64%. This metric indicates the company's ability to generate profit from its core operations after accounting for the cost of goods sold. The fluctuations in the gross profit margin suggest potential shifts in factors such as pricing strategies, production costs, and sales volume. Further trend analysis and comparison with industry benchmarks could provide additional insights into the company's operational efficiency and competitiveness in the market.
Peer comparison
Oct 31, 2024