Catalent Inc (CTLT)

Gross profit margin

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Gross profit	US$ in thousands	953,000	1,040,000	1,614,000	1,352,000	983,000
Revenue	US$ in thousands	4,381,000	4,263,000	4,802,000	3,998,000	3,094,000
Gross profit margin		21.75%	24.40%	33.61%	33.82%	31.77%

June 30, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $953,000K ÷ $4,381,000K
= 21.75%

Catalent Inc's gross profit margin has shown a declining trend over the past five years, decreasing from 31.77% in 2020 to 21.75% in 2024. This indicates that the company is generating less gross profit relative to its revenue in recent years. A lower gross profit margin could be attributed to various factors such as increasing production costs, pricing pressure, or inefficiencies in production processes. It is essential for Catalent Inc to closely monitor and address the drivers behind this declining trend to maintain profitability and competitiveness in the industry.