CSW Industrials Inc (CSWI)
Gross profit margin
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 378,941 | 365,999 | 350,745 | 342,451 | 334,268 | 323,956 | 318,214 | 305,170 | 290,715 | 273,320 | 255,921 | 238,521 | 225,878 | 210,926 | 184,500 | 174,400 | 173,400 | 172,500 | 177,100 | 175,200 |
| Revenue (ttm) | US$ in thousands | 841,284 | 817,011 | 794,193 | 777,621 | 773,747 | 761,286 | 757,853 | 735,524 | 700,717 | 665,110 | 626,436 | 586,536 | 540,182 | 489,537 | 419,236 | 384,436 | 378,220 | 374,604 | 385,973 | 378,873 |
| Gross profit margin | 45.04% | 44.80% | 44.16% | 44.04% | 43.20% | 42.55% | 41.99% | 41.49% | 41.49% | 41.09% | 40.85% | 40.67% | 41.82% | 43.09% | 44.01% | 45.37% | 45.85% | 46.05% | 45.88% | 46.24% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $378,941K ÷ $841,284K
= 45.04%
The gross profit margin of CSW Industrials Inc has shown a positive trend over the past few quarters, indicating improvements in the company's ability to generate profits from its core operations. The gross profit margin has increased from 40.67% in March 2022 to 45.04% in September 2024, reflecting a consistent growth in profitability.
This upward trend suggests that the company has been effectively managing its cost of goods sold and enhancing its pricing strategies to increase margins. A rising gross profit margin is generally considered favorable as it implies that the company is able to retain a larger portion of revenue after accounting for the cost of producing goods.
Overall, the improving gross profit margin of CSW Industrials Inc indicates positive operational performance and may reflect stronger competitive positioning within its industry.
Peer comparison
Sep 30, 2024