Coty Inc (COTY)
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 | 3,939,200 | 3,913,300 | 3,826,300 | 3,700,500 | 3,547,300 | 3,419,900 | 3,372,200 | 3,391,000 | 3,369,200 | 3,288,400 | 3,161,400 | 2,975,900 | 2,768,200 | 2,351,100 | 2,316,700 | 2,536,500 | 2,726,600 | 2,265,700 | 2,913,400 | 3,416,500 |
| Revenue (ttm) | US$ in thousands | 6,129,300 | 5,842,100 | 5,747,100 | 5,543,100 | 5,305,100 | 5,172,900 | 5,066,800 | 5,119,200 | 5,116,200 | 4,950,500 | 4,805,300 | 4,646,500 | 4,372,000 | 3,431,200 | 3,904,600 | 4,821,500 | 5,727,000 | 7,738,400 | 8,200,500 | 8,367,100 |
| Gross profit margin | 64.27% | 66.98% | 66.58% | 66.76% | 66.87% | 66.11% | 66.55% | 66.24% | 65.85% | 66.43% | 65.79% | 64.05% | 63.32% | 68.52% | 59.33% | 52.61% | 47.61% | 29.28% | 35.53% | 40.83% |
June 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,939,200K ÷ $6,129,300K
= 64.27%
Coty Inc's gross profit margin has shown fluctuations over the past few quarters, ranging from a low of 29.28% in the fourth quarter of 2019 to a high of 68.52% in the first quarter of 2021. The company's gross profit margin for the most recent quarter, ending June 30, 2024, stands at 64.27%.
Overall, the trend indicates that Coty Inc has been able to maintain relatively strong gross profit margins in recent quarters, with the margin staying above 60% for the majority of the periods analyzed. This indicates that the company has been effectively managing its production and cost of goods sold, resulting in a healthy margin of profit on sales.
However, the fluctuations in the gross profit margin also suggest that Coty Inc may face certain challenges or variations in its cost structure and pricing strategies, which can impact the profitability of the company. It would be important for the company to continue monitoring and optimizing its cost management practices to ensure sustainable profitability in the long term.
Peer comparison
Jun 30, 2024