Charles River Laboratories (CRL)

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	316,314	1,086,509	1,772,719	2,437,103	2,491,240	2,733,804	2,717,399	2,715,296	3,279,053	3,029,325	2,956,794	2,842,522	2,700,532	2,264,469	1,853,042	1,386,903	1,073,541	1,035,887	992,729	998,595
Revenue (ttm)	US$ in thousands	4,086,133	4,070,653	4,059,413	4,065,363	4,086,910	4,314,900	4,293,342	4,227,890	4,106,274	3,792,022	3,683,743	3,605,712	3,459,843	3,333,185	3,172,755	2,930,880	2,859,828	2,759,976	2,697,739	2,671,095
Gross profit margin		7.74%	26.69%	43.67%	59.95%	60.96%	63.36%	63.29%	64.22%	79.85%	79.89%	80.27%	78.83%	78.05%	67.94%	58.40%	47.32%	37.54%	37.53%	36.80%	37.39%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $316,314K ÷ $4,086,133K
= 7.74%

The gross profit margin of Charles River Laboratories has fluctuated over the reporting periods provided. It started at 37.39% in March 2020 and experienced a slight decrease to 36.80% by June 2020. However, from there, the gross profit margin consistently increased, reaching 78.05% by December 2021. In the subsequent periods, the margins remained relatively stable, fluctuating between 60.96% and 80.27%.

Notably, there was a significant decline in the gross profit margin in the later periods, dropping to 43.67% in June 2024, and further declining to 7.74% by December 2024. This sharp decrease may indicate challenges in maintaining profitability or increased costs impacting the company's ability to generate profit from its core operations.

Overall, the trend in the gross profit margin of Charles River Laboratories shows initial improvement followed by fluctuations and a significant decline in the latter periods, suggesting potential shifts in the company's cost structure or pricing strategies.