CSW Industrials Inc (CSWI)
Gross profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 350,745 | 318,214 | 255,962 | 184,800 | 177,050 |
| Revenue | US$ in thousands | 792,840 | 757,904 | 626,435 | 419,205 | 385,871 |
| Gross profit margin | 44.24% | 41.99% | 40.86% | 44.08% | 45.88% |
March 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $350,745K ÷ $792,840K
= 44.24%
The gross profit margin of CSW Industrials Inc has shown some fluctuations over the past five years. In the most recent fiscal year ending March 31, 2024, the gross profit margin increased to 44.09%, from 41.99% in the previous year. This improvement suggests that the company was able to effectively control its cost of goods sold compared to its revenues.
While the gross profit margin in 2024 surpassed the levels seen in 2022 and 2023, it remains slightly lower than the levels in 2020 and 2021. This indicates that there may have been changes in the company's pricing strategy, cost structure, or product mix that influenced the margin.
Overall, the trend in CSW Industrials Inc's gross profit margin shows some variability, with the most recent year reflecting a modest improvement. It is essential for the company to continue monitoring and analyzing its cost of goods sold and revenue generation to sustain and potentially enhance its gross profit margin in the future.
Peer comparison
Mar 31, 2024