Crane Company (CR)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 867,800 | 876,200 | 841,400 | 818,600 | 959,700 | 1,102,300 | 1,228,600 | 1,356,100 | 1,321,800 | 1,273,400 | 1,268,300 | 1,677,100 | 1,669,700 | 1,617,000 | 1,547,400 | 1,035,800 | 1,000,500 | 808,100 | 831,200 | 912,000 |
| Revenue (ttm) | US$ in thousands | 2,131,200 | 2,276,600 | 2,209,500 | 2,137,900 | 2,415,500 | 2,706,700 | 2,991,700 | 3,346,400 | 3,304,600 | 3,251,000 | 3,269,400 | 3,201,500 | 3,233,900 | 3,189,800 | 3,091,100 | 2,972,600 | 2,937,000 | 3,048,100 | 3,085,600 | 3,249,300 |
| Gross profit margin | 40.72% | 38.49% | 38.08% | 38.29% | 39.73% | 40.72% | 41.07% | 40.52% | 40.00% | 39.17% | 38.79% | 52.38% | 51.63% | 50.69% | 50.06% | 34.84% | 34.07% | 26.51% | 26.94% | 28.07% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $867,800K ÷ $2,131,200K
= 40.72%
Crane Company's gross profit margin has shown fluctuations over the years, ranging from a low of 26.51% in September 2020 to a high of 52.38% in March 2022. The company's gross profit margin experienced a significant increase from June 2021 to December 2021, reaching 51.63%, and has since stabilized around the 40% range. This indicates that Crane Company has been effectively managing its cost of goods sold relative to its revenue during this period. However, there was a slight decline in the gross profit margin from March 2023 to June 2024 before a slight recovery in the most recent period ending December 31, 2024, at 40.72%. Overall, the company has demonstrated the ability to maintain healthy levels of gross profit margin, which is a key indicator of its operational efficiency and pricing strategy.
Peer comparison
Dec 31, 2024