Coty Inc (COTY)
Gross profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 3,939,200 | 3,547,300 | 3,369,200 | 2,768,200 | 2,726,600 |
| Revenue | US$ in thousands | 6,119,900 | 5,281,400 | 5,118,600 | 4,115,500 | 4,449,400 |
| Gross profit margin | 64.37% | 67.17% | 65.82% | 67.26% | 61.28% |
June 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $3,939,200K ÷ $6,119,900K
= 64.37%
Coty Inc's gross profit margin has shown some fluctuations over the past five years. In the most recent fiscal year ending June 30, 2024, the gross profit margin was recorded at 64.37%, a decrease from the previous year's margin of 67.17%.
Looking back over the five-year period, the gross profit margin ranged from a low of 61.28% in the fiscal year ending June 30, 2020, to a high of 67.26% in the fiscal year ending June 30, 2021.
The downward trend in the gross profit margin over the past two years could indicate potential challenges in managing costs or pricing pressures impacting Coty Inc's profitability. It is essential for the company to closely analyze the factors contributing to these fluctuations and implement strategies to improve the gross profit margin in the future.
Peer comparison
Jun 30, 2024